Expert reveals your 1960s quarter could be worth over $8,000 – but you’ll need a scale and must ‘check the rim’

AN expert has let coin hunters in on a secret and shared what to look for in a 1960s quarter that makes it worth thousands.

Grab a scale and check your quarter's rim to see if it's worth over $8,000.

Eric Miller (@thecoinchannel) is an expert in all things coins and currency, sharing insider knowledge with his nearly five million TikTok followers.

In a video from Wednesday, Miller explained how to find highly valuable quarters that he claimed only major collectors were aware of.

"It is absolutely ridiculous how much money people are making on these quarters," began the coin expert.

"You wouldn't believe it and you wouldn't even know to look for it. That's mainly because collectors would keep this type of knowledge for themselves. Why would they share it?"

He advised his viewers to keep an eye out for quarters from 1965, showing multiple examples that had sold for thousands.

One 1965 quarter sold for $5,462.50, another sold for $7,200, and a third was purchased for $8,400.

The expert explained that the quarters' high value was derived from their metal composition.

He noted that quarters from 1964 and older were composed of 90% silver and 10% copper.

"In 1965 and newer all the silver is supposed to be taken out because it was so expensive," he said.

That year, the US Mint began making quarters from a copper-nickel-clad composition, with 91.67% copper and 8.33% nickel.

However, a small number of 1965 quarters contain silver because the Mint mistakenly struck them on silver planchets.

CHECKING THE CHANGE

Miller shared that there are two key steps to take to verify if you have a 1965 silver quarter.

He first suggested "check the rim" of your quarters, as it's obvious which ones are made from silver.

They appear silver in color while regular quarters have a copper hue.

The second step to verify your quarter's worth is to weigh it.

Miller noted that a 1965 silver quarter will weigh approximately 6.25 grams.

A normal 1965 quarter will weigh only 5.67 grams.

"If you find one of these you can make over $4,000 or $5,000 like the rest of them," he said.

How coins are graded

Coins are graded on a scale of one to 70, with one being the poorest grade, and 70 being the most pristine example.

Numbers 60 to 70 are generally the most sought-after by collectors and are known as Mint State coins.

Pieces that fetch thousands at auction are commonly found in MS67, MS68, and MS69 conditions.

An MS-70 is near-impossible to find among older coins.

Banknotes can also rack up a hefty price tag.

Miller shared a "double" error on a $5 bill that people think is "fake" but makes it worth $44,000.

Plus, a $1 bill was found inside someone's walls while renovating and the expert said it’s worth $355 thanks to a "rainbow" design.