HS Code for Commemorative coins
Commemorative coins are classified under HS code 7118.10 because they are defined as coins that are not legal tender and are not made of gold. The Harmonized System distinguishes between coins used as currency and those produced for collection, decoration, or commemorative purposes. Under heading 7118, the classification is split between those that are legal tender (7118.90) and those that are not (7118.10). For a product to fall under 7118.10, it must be struck by a minting process and possess the physical characteristics of a coin, such as a specific weight, diameter, and design, but it must lack the status of being official currency in the country of issue at the time of importation. This includes historical replicas, tokens that resemble coins, and special edition silver or base-metal coins issued for collectors that do not circulate as money. The classification process requires verifying the material composition to ensure no gold is present, as gold coins are specifically excluded from this subheading and moved to 7118.90 regardless of their tender status.
Products Included
- Silver commemorative coins (non-legal tender)
- Base metal collector coins
- Numismatic coins not recognized as currency
- Historical coin replicas struck by mints
- Anniversary medals struck in coin form
Common Misclassification
Commemorative coins are frequently misclassified under HS code 7118.90, which is reserved for coins that are legal tender. Another common error is using HS code 9705.31 for numismatic collections. While 9705 covers items of historical or numismatic interest, 7118.10 is the more specific code for newly struck coins that are not yet considered 'antiques' or part of a specialized historical collection. Additionally, if the coin is made of gold, it must be classified under 7118.90, even if it is not legal tender.
FAQ
What is the HS code for commemorative coins?
The HS code for commemorative coins that are not gold and not legal tender is 7118.10.
Can silver coins be classified here?
Yes, silver coins that are not legal tender are classified under 7118.10. However, if they are legal tender, they move to 7118.90.
Industry
Frequently Asked Questions
What is the HS code for Commemorative coins?
The HS code for Commemorative coins is 711810 (Coin (other than gold coin), not being legal tender).
How do I classify Commemorative coins for customs?
Commemorative coins is classified under HS code 711810 — Coin (other than gold coin), not being legal tender. This is a 6-digit subheading level code.
Is the HS code for Commemorative coins the same in all countries?
The base HS code 711810 for Commemorative coins is internationally standardized for the first 6 digits across 200+ countries. Individual countries may add additional digits for national tariff lines and specific classifications.