The Capped Bust Quarter is a series of coins minted in the United States from 1815 to 1838, featuring designs by engraver John Reich. The 1818 Capped Bust Quarter is notable for its representation of Liberty, depicted with a cap, symbolizing freedom. This coin is part of a wider collection of early U.S. silver quarters and is sought after by collectors due to its historical significance and the intricate design. The coin typically contains 90% silver and is valued based on its condition, rarity, and demand in the numismatic market.