The US didn't use a P mint mark on quarters until 1980. Please take another look. You may need a magnifying glass because mint marks on Standing Liberty quarters are often quite worn.
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You're looking at the designer's monogram - an M for H. MacNeil.The mint mark position is on the left-hand pedestal, above and to the right of the date. See the Related Question for more details.
$5 to $100,000 depending upon the mint mark, which variety, and the condition of the coin.
Value all depends on grade mint mark an condition of the coin and range from bullion to$300.00 in MS-60.
Assuming this is a Barber quarter with no mint mark the retail values are $6.00 for a well worn coin, $30.00 for medium wear and $70.00 for slight wear.
$3.00- $2,750.00 dollars