The coin in question is a **Seated Liberty Half Dime**, which is a denomination of **5 cents** or commonly referred to as a **half dime**. It was produced in the **United States** at the **Philadelphia Mint** in the year **1854**. The coin is made primarily of **silver**, reflecting the material composition typical of U.S. coins from this era. This particular half dime features a **mintage** of **5,740,000**, which indicates the total number of coins produced in that year. The coin has a **diameter** of **15.5 mm** and a weight of **1.24 grams**, signifying its small size and lightweight nature characteristic of half dimes. The **'P' mint mark** denotes that this coin was struck at the **Philadelphia Mint**, which is renowned for producing not only coins but also a wide range of important numismatic products. As a part of the **Seated Liberty series**, this half dime features the iconic design of Lady Liberty seated, symbolizing freedom and strength, which was minted during a transformative period in American history. Overall, this 1854 Seated Liberty Half Dime is not just a piece of currency but a collectible item that embodies the rich heritage of American coinage, appealing to both collectors and historians alike. Its historical significance and silver content contribute to its value in the marketplace, though exact values can vary depending on condition and demand.