The 1871 $1 Gold Type 3 coin is part of the United States' gold coinage series, specifically designed for general circulation. Created under the Coinage Act of 1837, it features a more intricate design compared to its predecessors, with a prominent depiction of Liberty on the obverse and a wreath with a denomination of "1 DOLLAR" on the reverse. Collectors value this coin for its historical significance, relatively low mintage, and aesthetic appeal, making it a sought-after item in numismatic collections. The Type 3 variant indicates the later design changes that were introduced to improve coin production efficiency.

Item Denomination Series Year Mint
1871 G$1 G$1 $1 Gold – Type 3 1871 Philadelphia