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Circlet of rapid casting

(Magic Item Compendium, page 86)

Price (Item Level): 15,000 gp (14th)
Body Slot: Head
Caster Level: 11th
Aura: Moderate; (DC 20) transmutation
Activation: Swift (command)
Weight:

This golden circlet is engraved with dozens of different symbols and runes.

A circlet of rapid casting allows you to cast a small number of spells each day more quickly. This circlet has 3 charges, which are renewed each day at dawn. Spending 1 or more charges allows you to cast a single spell as part of the same swift action you used to activate the circlet. This spell must be one that normally has a casting time of no longer than 1 standard action. Doing this expends the prepared spell or spell slot as if you had cast the spell normally.
1 charge: Cast a single spell of up to 2nd level.
2 charges: Cast a single spell of up to 3rd level.
3 charges: Cast a single spell of up to 4th level.

Prerequisites: Craft Wondrous Item, Quicken Spell.
Cost to Create: 7,500 gp, 600 XP, 15 days.