The Capped Bust Quarter, issued in the United States from 1815 to 1838, features a design by engraver John Reich and depicts Lady Liberty wearing a cap, symbolizing freedom. The 1821 Capped Bust Quarter was minted in Philadelphia and is part of the series known for its distinctive design and historical significance. Collectors value these coins for their artistic representation and role in early American coinage. The coin has a face value of 25 cents and is sought after in various grades for its rarity and condition.