The 1874 $1 Gold Coin, Type 3, was minted in Philadelphia as part of the United States' gold coinage. This coin features a distinctive design that includes the image of Liberty on the obverse and an eagle on the reverse. Type 3 coins, produced from 1854 until 1889, are characterized by their simpler and more elegant designs compared to earlier types. The 1874 $1 Gold Coin is particularly collectible due to its historical significance and relatively low mintage. Collectors often seek it for its aesthetic appeal and numismatic value.