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What is an 8-Ball of Cocaine? An 8-ball of cocaine is one-eighth of an ounce of cocaine–or about 3.5 grams. The term “8-ball” is often used to describe this amount of cocaine, but it can also be used in reference to methamphetamine, malt liquor, and other intoxicating or illegal substances. Cocaine is a potent stimulant drug derived from the coca plant in South America. People in this part of the world used cocaine medicinally and recreationally for hundreds of years. Cocaine has a long history and many street names. An 8-ball of cocaine describes a specific amount of cocaine. How Much Does an 8-Ball Cost? The price of cocaine can vary. It typically ranges anywhere from $25 to $200 for a gram. An eighth of cocaine is 3.5 grams and it typically costs anywhere from $120-300.