Q. David Bowers (edited and updated by Mike Sherman): After a two-year lapse, coinage of quarter dollars resumed in 1831. Employed was a revision of John Reich’s Capped Bust style introduced in 1815. The 1831-1838 version is of smaller diameter and has restyled features, letters, stars and numerals, giving the piece a more cameo-like appearance than its predecessor. The motto E PLURIBUS UNUM was removed from the reverse as well.
The type collector has their choice of any date from 1831 to 1838, as all are priced approximately the same in the market, although certain dates, 1835 in particular, are more plentiful than others. Examples are readily found in grades from Very Good through Extremely Fine. AU and Uncirculated pieces, though more expensive, should pose no problem if one wishes to acquire one. Superb Uncirculated pieces, like all early 19th century issues, are rare and costly.
-- Reprinted with permission from "United States Coins by Design Types - An Action Guide for the Collector and Investor" by Q. David Bowers