The coin in question is a Seated Liberty Dollar from the year 1863, minted in Philadelphia (Mint Mark: P). It is a notable piece in American numismatics, representing a denomination of one dollar. This particular coin has a mintage of only 27,200 units, which contributes to its rarity and collector appeal. Struck in silver, the coin has a diameter of 38.1 mm and weighs approximately 26.73 grams. The Seated Liberty design, which features a depiction of Lady Liberty seated, is highly regarded among coin enthusiasts for its artistic value and historical significance. As a Mint Strike coin, it was produced with quality control measures typically associated with coins directly produced for circulation, featuring detailed design elements and a smooth finish. Given its age and limited mintage, the 1863 Seated Liberty Dollar is sought after by collectors, and its value can vary based on its condition, rarity, and market demand, making it a noteworthy addition to any coin collection.