999 Silver Investment Bar 1kg

A rectangular 1 kilogram bar made of 99.9% pure silver (999 fineness), commonly used for investment purposes. It features only stamped markings for weight, purity (999), and manufacturer identification, with no decorative engravings or designs. Classified under HTS 7115.90.0560 as an article of precious metal in rectangular shape containing 99.5% or more silver by weight, marked solely with identifying information.

Import Duty Rates by Country of Origin

Origin CountryMFN RateCh.99 SurchargesTotal Effective Rate
🇨🇳ChinaFree+25.0%25%
🇲🇽MexicoFreeFree
🇨🇦CanadaFreeFree
🇩🇪GermanyFreeFree
🇯🇵JapanFreeFree

Alternative Classifications

This product could be classified differently depending on its characteristics or intended use.

7106.92.50.00Higher: 38% vs 25%

If produced in powder form where 90%+ passes through 0.5mm sieve

Silver powder meeting the subheading note definition for 'powder form' is classified in heading 7106 for unwrought forms, not finished articles.

7114.19.00.00Higher: 42.9% vs 25%

If decorated with engravings, patterns, or non-identifying designs

Articles with decorative elements fall under goldsmiths'/silversmiths' wares in 7114, excluding plain rectangular shapes with only identifying info.

7115.90Same rate: 25%

If silver content is less than 99.5% by weight

Lower purity silver articles in rectangular shapes are classified separately under 7115.90.45, not the 99.5%+ subheading.

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Import Tips & Compliance

Obtain a Certificate of Analysis from the refiner confirming 99.5%+ silver content to verify classification and avoid reclassification as lower-purity goods

Ensure all markings (weight, purity, serial number) are clearly stamped and legible; customs may inspect for decorative elements that could shift to heading 7114

Declare exact weight and fineness on entry documents; discrepancies can lead to penalties under precious metals import regulations