1 oz Gold Krugerrand Bullion Coin

The South African Krugerrand 1 oz gold coin, first minted in 1967, contains 1 troy ounce of pure gold (91.67% fineness) and is a popular investment bullion item worldwide. Classified in HTS 7118.90.0019 as other gold coins, it is neither US legal tender nor primarily collectible, traded based on metal content. It depicts Paul Kruger on the obverse and a springbok antelope on the reverse.

Import Duty Rates by Country of Origin

Origin CountryMFN RateCh.99 SurchargesTotal Effective Rate
๐Ÿ‡จ๐Ÿ‡ณChinaFree+7.5%7.5%
๐Ÿ‡ฒ๐Ÿ‡ฝMexicoFreeโ€”Free
๐Ÿ‡จ๐Ÿ‡ฆCanadaFreeโ€”Free
๐Ÿ‡ฉ๐Ÿ‡ชGermanyFreeโ€”Free
๐Ÿ‡ฏ๐Ÿ‡ตJapanFreeโ€”Free

Alternative Classifications

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

7108.12Higher: 14.1% vs 7.5%

If gold powder form (90% through 0.5mm sieve)

Per subheading note, gold in powder form is classified under 7108.12, not as coins under 7118.

7118.90.00Same rate: 7.5%

If silver coins instead of gold

The parallel subheading for other silver coins; classification follows predominant precious metal per chapter note 5.

7117.90Higher: 21% vs 7.5%

If base metal with gold plating

Imitation coins or those with only minor gold plating (not clad) fall under imitation jewelry in 7117.

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

โ€ข Provide mint-issued specifications for fineness and weight to customs; Krugerrands are widely recognized but still need proper invoicing

โ€ข Watch for anti-dumping duties if from certain origins

โ€ข Label shipments clearly as 'bullion coin' to prevent jewelry misclassification

Related Products under HTS 7118.90.00.19

1 oz Gold Maple Leaf Bullion Coin

This is a 1 troy ounce gold bullion coin minted by the Royal Canadian Mint, featuring the iconic maple leaf design on the reverse and Queen Elizabeth II on the obverse. It is classified under HTS 7118.90.0019 as a gold coin that is neither legal tender in the US nor a collectible or numismatic item, but rather investment-grade bullion with purity typically 99.99%. The 'Other' subheading applies to gold coins not specifically enumerated elsewhere.

1 oz Gold American Eagle Bullion Coin

The 1 troy ounce American Gold Eagle is a bullion coin produced by the US Mint with a face value of $50, but primarily traded by weight for investment. It falls under HTS 7118.90.0019 as 'Other' gold coins, excluding legal tender or numismatic items, due to its status as investment bullion with 91.67% gold purity. The design features Lady Liberty on the obverse and a bald eagle on the reverse.

1 oz Gold Britannia Bullion Coin

The 1 oz Gold Britannia coin from the Royal Mint UK is investment bullion with 99.99% purity, featuring Britannia on the obverse. It is categorized under HTS 7118.90.0019 for other gold coins not legal tender in the US or numismatic. Primarily valued for its gold content, it serves as a hedge against inflation.

1/10 oz Gold PAMP Suisse Lady Fortuna Coin

PAMP Suisse's 1/10 troy oz gold coin features the Lady Fortuna design, assay card certified for 99.99% purity, used for smaller investment portfolios. It fits HTS 7118.90.0019 as other gold bullion coins, excluding fractional legal tender or rare collectibles. Popular for stacking due to its compact size and verifiability.

1 oz Gold Perth Mint Kangaroo Coin

Australia's 1 oz Gold Kangaroo bullion coin from Perth Mint, annually updated design with 99.99% purity, legal tender but traded as bullion. Classified in HTS 7118.90.0019 for other gold coins due to investment use over nominal face value. Reverse shows a kangaroo, obverse Queen Elizabeth II.