About HS Code 710391
This HS code pertains to rubies, sapphires, and emeralds that have been 'worked' beyond simple sawing or rough shaping, but are not yet strung, mounted, or set into jewelry. This signifies a crucial stage in the gemstone supply chain where raw stones have been expertly cut, faceted, and polished, transforming them into valuable, ready-to-be-set gems. Major players in this trade are specialized gem dealers, high-end jewelry manufacturers, and luxury retailers. The international trade of these precious stones involves meticulous grading, certification (e.g., GIA, GRS), and often high-value transactions, reflecting their rarity and craftsmanship. Quality, clarity, color, and cut are paramount in determining their market value.
Products Under This Code
Faceted rubies, polished sapphires, cut emeralds, calibrated gemstone sets, loose precious stones for jewelry, cabochon cut rubies, emerald cut sapphires
Real World Examples
Cartier loose emeralds, Tiffany & Co. unset sapphires, Graff polished rubies, GIA certified loose gemstones, Chopard unset rubies
Common Misclassification
Can be confused with 710310 (unworked or simply sawn/roughly shaped) or 710399 (other worked precious stones), as the specific stone type and the degree of 'working' are critical for classification.
Products Classified Under 7103.91
Industry
This code belongs to the Gems & Jewelry industry.
Trade Overview
Thailand, India, Sri Lanka, and Switzerland are major hubs for cutting, polishing, and trading these precious stones globally.
Frequently Asked Questions
What is HS code 710391?
HS code 710391 covers: Stones; rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set. This HS code pertains to rubies, sapphires, and emeralds that have been 'worked' beyond simple sawing or rough shaping, but are not yet strung, mounted, or set into jewelry. This signifies a crucial stage in the gemstone supply chain where raw stones have been expertly cut, faceted, and polished, transforming them into valuable, ready-to-be-set gems. Major players in this trade are specialized gem dealers, high-end jewelry manufacturers, and luxury retailers. The international trade of these precious stones involves meticulous grading, certification (e.g., GIA, GRS), and often high-value transactions, reflecting their rarity and craftsmanship. Quality, clarity, color, and cut are paramount in determining their market value.
What products fall under HS code 710391?
Faceted rubies, polished sapphires, cut emeralds, calibrated gemstone sets, loose precious stones for jewelry, cabochon cut rubies, emerald cut sapphires
What are common misclassifications for HS code 710391?
Can be confused with 710310 (unworked or simply sawn/roughly shaped) or 710399 (other worked precious stones), as the specific stone type and the degree of 'working' are critical for classification.
How is HS code 710391 structured?
HS code 710391 is a 6-digit subheading under the Harmonized System. The first 2 digits (71) identify the chapter, digits 3-4 (03) identify the heading, and digits 5-6 (91) specify the subheading. This code is standardized globally by the World Customs Organization.