The coin is a Seated Liberty Dollar, a classic representation of American numismatics. Struck in the year 1847 at the Philadelphia Mint (denoted by the 'P' mint mark), this coin belongs to a prominent series known for its elegant design featuring Lady Liberty seated, which symbolizes freedom and justice. This particular coin has a denomination of one dollar and is crafted from silver, giving it intrinsic value beyond its face value. With a weight of 26.73 grams and a diameter of 38.1 mm, it has a substantial feel, characteristic of coins from this era. In terms of production, it was a mint strike coin, and with a mintage of 140,750, it is considered relatively common, though its availability and condition can greatly affect its market value. The Seated Liberty Dollar from 1847 is not just a currency but a piece of history representing the mid-19th century United States. Its aesthetic appeal, coupled with historical significance, makes it a coveted item among collectors and numismatists alike.