The Capped Bust Quarter, produced between 1815 and 1838, features a portrait of Liberty wearing a cap, symbolizing freedom and independence. The 1823 edition is particularly sought after by collectors due to its historical significance and lower mintage compared to other years. As part of the U.S. coinage, it is composed of 90% silver and 10% copper, weighing 6.25 grams and measuring 24.26 mm in diameter. The designs on the obverse and reverse exemplify the artistry of early American coinage and reflect the economic conditions of the time.