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Somali Silver Elephant Coin

A 1 troy ounce silver bullion coin issued by Somalia, composed of .999 fine silver, featuring an elephant design. It is legal tender in Somalia but primarily an investment product. Under the Customs Tariff of Canada, it is classified as a coin under tariff item 7118.90.00.

Import Duty Rates by Country of Origin

Origin CountryMFN TariffSurtaxesTotal Effective Rate
πŸ‡¨πŸ‡³ChinaFreeβ€”Free
πŸ‡²πŸ‡½MexicoFreeβ€”Free
πŸ‡ΊπŸ‡ΈUnited StatesFreeβ€”Free
πŸ‡©πŸ‡ͺGermanyFreeβ€”Free
πŸ‡―πŸ‡΅JapanFreeβ€”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.

7106.92.00Same rate: Free

If the silver is imported as unwrought metal

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 β€” and can price the duty on it in the same conversation.

Import Tips & Compliance

β€’ Confirm the coin's legal tender status with documentation from the issuing authority to avoid classification issues

β€’ Declare the coin's silver content and weight for accurate duty calculation

β€’ Keep the coin's packaging to protect it during customs inspection

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.

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.

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.