7110.11.00.10/Platinum Investment Nuggets/Germany

Platinum Investment Nuggets from Germany

Small, irregular nuggets of pure platinum metal, typically weighing between 1/10 oz and 1 oz, used primarily by investors for bullion purchases. These qualify under HTS 7110.11.00.10 as 'grain and nuggets of the metal platinum' because they are unwrought forms, not processed into bars, sheets, or other semimanufactured shapes. Purity is usually 99.95% or higher, certified by refiners like Johnson Matthey.

Duty Rate — Germany → United States

0%

Rate breakdown

9903.03.030%Articles the product of any country, as provided for in subdivision (aa)(ii) of U.S. note 2 to this subchapter
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Import Tips

• Obtain a certificate of analysis confirming platinum purity exceeds 99.9% and absence of platinum group metals like iridium per chapter note 2(b)

• Declare exact weight and form (nuggets/grains) on commercial invoice; misclassification as powder (90% <0.5mm sieve) leads to audits

• Comply with CPSC precious metal marking rules if for retail; bulk investment forms exempt but verify FINCEN reporting for values over $10,000