Platinum Investment Ingot
Standard 1-troy ounce cast ingot of .9995 fine platinum, unwrought and stamped for bullion trading. Falls under 7110.11.00 as unwrought platinum not further manufactured, distinct from minted coins or fabricated items.
Import Duty Rates by Country of Origin
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 alloy containing 2%+ platinum
Chapter note 5(a) treats alloys with 2%+ platinum as platinum alloys, moving to 7110.12 unwrought.
If in waste or scrap form
Platinum-bearing waste/scrap falls under Chapter 26 for precious metal ores/residues, not unwrought.
Not sure which classification is right?
Our AI classifier can analyze your specific product and recommend the correct HTS code with confidence.
Import Tips & Compliance
• Include LBMA-approved refinery certification to avoid reclassification as scrap or semimanufactured
• Report exact fineness; pitfall is declaring fabricated ingots with engravings as unwrought
• Comply with FinCEN reporting for values over $10,000; segregate from alloyed forms
Related Products under HTS 7110.11.00
Unwrought Platinum Bar
A solid bar of pure platinum in unwrought form, meaning it has not been worked into a finished shape beyond basic casting or rolling. Classified under HTS 7110.11.00 as unwrought platinum, per Chapter 71 notes defining platinum to include pure platinum without the six platinum group metals predominating in alloys.
Platinum Wire Anode
Cast platinum anode in wire-like unwrought form for electroplating baths, not drawn or worked beyond pouring. HTS 7110.11.00 applies to pure unwrought platinum, excluding powder or semimanufactured shapes.
Cast Platinum Grain
Small cast grains or shot of pure platinum for melting stock in jewelry casting. Unwrought form under 7110.11.00 as not rolled, drawn, or powdered.
Fine Platinum Powder for Catalysts
High-purity platinum black powder (particle size meeting 0.5mm sieve test) for automotive catalysts. HTS 7110.11.00 specifically for platinum powder form.
Refinery Platinum Slab
Large cast slab from platinum refinery, minimum working for transport. Unwrought pure platinum HTS 7110.11.00.
Platinum Powder 99.99% Pure
Atomized platinum powder where 95%+ particles pass 0.5mm sieve, used in catalysis and electronics. Qualifies under 7110.11.00 as platinum in powder form per subheading note definition.