1937 Buffalo Nickel . . . P

I have a 1937 Buffalo Nickel with a 'P' under the date. There is one like it posted on Ebay. Thought mint marks were on the reverse . . . ? ? ? Is there a reason why the 'P' is there or did someone just make a bunch of counter punch marks nickels one day.

Will try to attach a link to the Ebay post . . . hope this works.

http://www.ebay.com/itm/1937-Buffal...66?pt=Coins_US_Individual&hash=item4ad84fae76

Thanks

 

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It's not a P, it's the designer's initial "F".

 

That's an F for Fraser, the designer.