The 1857 $1 Gold - Type 3 coin is part of the Liberty Head series issued by the United States Mint. This type features a design with a more prominent and detailed portrait of Lady Liberty, along with a wreath and the denomination on the reverse. It was minted during a period of economic expansion and is relatively scarce, making it a sought-after collectible for numismatists. The Type 3 version was produced from 1856 to 1889, with variations in mintages affecting its rarity and value.