| HS Code | Official Doc | Tariff Rate | Origin | Destination | Effective Date |
|---|---|---|---|---|---|
| 7013991000 | Doc | 52.5% | CN | US | 2025-05-12 |
| 7118100000 | Doc | 37.5% | CN | US | 2025-05-12 |
| 7118900055 | Doc | 37.5% | CN | US | 2025-05-12 |
| 8306100000 | Doc | 35.8% | CN | US | 2025-05-12 |
| 8306290000 | Doc | 30.0% | CN | US | 2025-05-12 |
| 7326903500 | Doc | 87.8% | CN | US | 2025-05-12 |
| 7326908688 | Doc | 82.9% | CN | US | 2025-05-12 |
| 9703900000 | Doc | 37.5% | CN | US | 2025-05-12 |
| 9706100020 | Doc | 37.5% | CN | US | 2025-05-12 |
| 9706900020 | Doc | 37.5% | CN | US | 2025-05-12 |
| 7325991000 | Doc | 80.0% | CN | US | 2025-05-12 |
| 7325995000 | Doc | 82.9% | CN | US | 2025-05-12 |
Commemorative Coin
A commemorative coin is a coin issued to celebrate a particular person, event, or place. Unlike standard circulating coins intended for everyday transactions, commemorative coins are typically produced in limited editions and are primarily collected for their aesthetic value, historical significance, or as investments.
Material:
Commemorative coins are manufactured from a variety of metals, often differing from standard coinage. Common materials include:
- Precious Metals: Gold, silver, platinum, and palladium are frequently used, particularly for higher-value commemorative issues. The purity of the metal (e.g., .999 fine silver) is often prominently displayed.
- Base Metals: Nickel-brass, bronze, and other alloys are used for lower-value commemorative coins.
- Clad Metals: Combinations of different metals are sometimes used to create unique appearances and enhance durability.
Purpose:
The primary purposes of commemorative coins are:
- Celebration & Remembrance: To honor significant events (e.g., Olympic Games, anniversaries), individuals (e.g., presidents, historical figures), or places.
- Revenue Generation: Minting authorities often sell commemorative coins at a premium to generate revenue beyond that of standard coinage.
- National Pride & Promotion: Commemorative coins can promote national identity, culture, and history.
- Collector Interest: They cater to the hobby of coin collecting (numismatics).
Function:
While technically legal tender, commemorative coins are rarely used in regular commerce. Their function is primarily:
- Collectible Item: The core function is as an item for collectors.
- Investment: Some commemorative coins appreciate in value over time, making them potential investments.
- Gift Item: Often purchased as gifts for special occasions.
Usage Scenarios:
- Collector Displays: Displayed in albums, cases, or collections.
- Gifting: Presented as gifts for birthdays, anniversaries, or other events.
- Investment Portfolios: Held as part of a diversified investment strategy.
- Historical Exhibits: Displayed in museums and historical exhibitions.
Common Types:
- Proof Coins: Specially minted with highly polished surfaces and sharp details. Often packaged in protective cases.
- Uncirculated Coins: Minted for collectors but not subjected to the same rigorous polishing as proof coins.
- Bullion Coins: Larger coins containing a significant amount of precious metal, often sold for their metal content. Some commemorative coins are also issued as bullion coins.
- Clad Coins: Coins made of multiple layers of different metals.
- Silver Coins: Coins made of silver, often .999 fine silver.
- Gold Coins: Coins made of gold, often .999 fine gold.
- Bi-metallic Coins: Coins composed of two different metals.
- Colorized Coins: Coins with added color to the design.
- Limited Edition Coins: Coins produced in a fixed quantity, enhancing their collectibility.
Issuing Authorities:
Commemorative coins are typically issued by:
- National Mints: (e.g., United States Mint, Royal Mint, Perth Mint)
- Central Banks: In some countries, the central bank may issue commemorative coins.
- Government Agencies: Occasionally, other government agencies may issue commemorative coins.
Commemorative coins fall under the classification of coins not being legal tender. Here's a breakdown of relevant HS codes based on the provided information:
-
7118.10.00.00: This HS code covers coins (other than gold coins) that are not legal tender. This is the primary classification for commemorative coins. The first two digits (71) indicate the chapter for natural or cultured pearls, precious or semi-precious stones, precious metals, articles thereof, imitation jewelry, coin. The next two digits (18) specify coins and medals. The final digits (10) further define these as coins (other than gold coins).
- Tax Details: Basic tariff: 0.0%, Additional tariff: 7.5%, Additional tariff after April 2, 2025: 30.0%. Total tariff: 37.5%.
-
7118.90.00.55: This HS code covers "Other" coins. This could apply to commemorative coins that don't fit neatly into the 7118.10.00.00 classification, or as a more general categorization. The first two digits (71) indicate the chapter for natural or cultured pearls, precious or semi-precious stones, precious metals, articles thereof, imitation jewelry, coin. The next two digits (18) specify coins and medals. The final digits (90) further define these as other coins.
- Tax Details: Basic tariff: 0.0%, Additional tariff: 7.5%, Additional tariff after April 2, 2025: 30.0%. Total tariff: 37.5%.
According to the provided reference material, the HS code options related to 'commemorative coin' are limited, with only the following 2 found.