British Britannia Silver Bullion Coin
A 1 troy ounce silver bullion coin issued by the Royal Mint, composed of .999 fine silver. It is legal tender in the United Kingdom but traded as an investment product. Under the Customs Tariff of Canada, it falls under tariff item 7118.90.00 as a coin.
Import Duty Rates by Country of Origin
| Origin Country | MFN Tariff | Surtaxes | Total Effective Rate |
|---|---|---|---|
| 🇨🇳China | Free | — | Free |
| 🇲🇽Mexico | Free | — | Free |
| 🇺🇸United States | Free | — | Free |
| 🇩🇪Germany | Free | — | Free |
| 🇯🇵Japan | Free | — | Free |
More Specific Codes
This product may fall under a more specific subheading:
Alternative Classifications
This product could be classified differently depending on its characteristics or intended use.
If the silver is imported as scrap or in unwrought form
Unwrought silver is classified under heading 71.06, not as a coin.
Not sure which classification is right?
The Tariff Assistant works through the GRI rules on your specific product to reach the right tariff item — and can price the duty on it in the same conversation.
Import Tips & Compliance
• Ensure the coin is not considered a collector's item, which could affect classification; bullion coins are typically straightforward
• Declare the coin's weight and purity to the CBSA for proper duty calculation
• Keep records of the purchase price in case of a valuation review
Related Products under Tariff item 7118.90.00
American Buffalo Gold Coin
A 1 troy ounce gold bullion coin minted by the United States Mint, composed of .9999 fine gold. It is legal tender but primarily traded for investment purposes, not for circulation. Under the Customs Tariff of Canada, it is classified as a coin other than legal tender of Canada, falling under tariff item 7118.90.00.
American Silver Eagle Bullion Coin
A 1 troy ounce silver bullion coin minted by the United States Mint, composed of .999 fine silver. It is legal tender but intended for investors, not for everyday circulation. This coin is classified under tariff item 7118.90.00 as a coin other than Canadian legal tender.
Armenian Noah's Ark Silver Coin
A 1 troy ounce silver bullion coin issued by the Republic of Armenia, containing .999 fine silver. It is legal tender in Armenia but serves primarily as an investment product. Under the Customs Tariff of Canada, it is classified as a coin under tariff item 7118.90.00.
Austrian Philharmonic Gold Coin
A 1 troy ounce gold bullion coin produced by the Austrian Mint, composed of .9999 fine gold. It is legal tender in Austria but primarily used for investment. This coin is classified under tariff item 7118.90.00 as a coin other than Canadian legal tender.
Canadian Maple Leaf Gold Bullion Coin
A 1 troy ounce gold bullion coin produced by the Royal Canadian Mint, composed of .9999 fine gold. It is legal tender in Canada but primarily used for investment. This coin is classified under tariff item 7118.90.00 as a coin, despite being Canadian legal tender, as the tariff item covers all coins.
Chinese Panda Silver Coin
A 30-gram silver bullion coin issued by the China Mint, composed of .999 fine silver. It is legal tender in China but primarily collected or invested in. Under the Customs Tariff of Canada, it is classified as a coin under tariff item 7118.90.00.