A capsule toner in which fine solid particles constituting a shell layer are less likely to become detached from the surfaces of toner particles in spite of a long-term use within an image forming apparatus and which is capable of prevention of occurrence of filming on a photoreceptor drum, and a method of manufacturing the capsule toner are provided. The capsule toner includes core particle and shell layers for covering the surface of the core particle. The shell layer is formed of a plurality of fine polyester resin particles. The polyester resins contained in the fine polyester resin particles, respectively, are cross-linked to each other by a cross-linking agent.