The coin in question is a 1957 Franklin Half Dollar, which is a notable piece in the United States coinage series. It is struck in 90% silver, giving it both a rich historical context and intrinsic value due to its precious metal content. This specific example bears the "P" mint mark, indicating that it was produced at the Philadelphia Mint. With a diameter of 30.6 mm and a weight of 12.5 grams, the Franklin Half Dollar features a distinctive design that includes a profile of Benjamin Franklin on the obverse and the Liberty Bell on the reverse, symbolizing freedom and independence. The mintage for this year reached 5,114,000 pieces, making it a relatively common coin, yet highly sought after by collectors for its iconic design and silver content. Despite being a regularly minted coin, its condition and rarity can significantly affect its market value. Often collected both for its historical significance and its silver content, the 1957 Franklin Half Dollar remains a popular item among numismatists and enthusiasts of U.S. coinage.