5-valve broadcast band mantle radio.
This model is noted in service details as using the same cabinet as the previous model (200) but with a redesigned chassis resulting in improved performance and tonal quality. This wording is almost identical in the 202's service information referring to the 201.
Note the 201 has three controls, while the previous model, the 200, had only two.
There is also a timber cabinet - although its not known at this time if that was a factory option or something created to rehome a damaged bakelite model.The Philco model 201 is part of the Philco 200 series of radios.
The 200-series of radios were all quite different, but they all looked the same courtesy of the cabinet choice. The first model, 200, had no tone control so is quite easily distinguished because it had 2 knobs while the 201 and 202 had 3. The telltale differences between the 201 and 202 require a peek in the back, although there may be subtle differences in the dial screen printing - sighted models show the 201 has the lowest frequency (550kc/s) at the top left of the glass while sighted 202's have it at the top right, among other differences.
None of the sighted timber cabinets look particularly professional, although it was a budget set and so its possible it was an option. No advertising has yet been seen that shows they were ever released in timber.
Be careful with the orignal bakelite cabinets, they are quite fragile - particularly the grille... and stocks ran out in 1956!