1 oz Platinum American Eagle Coin
The 1 oz Platinum American Eagle is an official bullion coin minted by the United States Mint containing one troy ounce of .9995 fine platinum. It falls under HTS 7118.90.0020 as a coin made of platinum, classified as 'other' coins not for numismatic purposes. These coins are primarily used for investment rather than circulation.
Import Duty Rates by Country of Origin
Alternative Classifications
This product could be classified differently depending on its characteristics or intended use.
If unwrought or in powder form
Unwrought platinum or powder (90% passing 0.5mm sieve) classifies under Chapter 71 heading 7110, not as fabricated coins.
If over 50 years old and collectible
Numismatic platinum coins of numismatic value are reclassified under 7115 as collector pieces, separate from bullion coins.
If personal imports under duty-free allowance
Articles for personal use valued under $800 may enter duty-free via Chapter 98, bypassing standard Chapter 71 duties.
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Import Tips & Compliance
• Verify coin purity meets .999 fine platinum standards per chapter notes; obtain certificates of authenticity from mints
• Declare as bullion coins, not collectibles, to avoid reclassification
• Check CPSC exemptions for precious metal imports and maintain assay reports
Related Products under HTS 7118.90.00.20
Platinum Maple Leaf 1/2 oz Coin
The Platinum Maple Leaf coin from the Royal Canadian Mint features 1/2 troy ounce of .9995 pure platinum with iconic maple leaf design. Classified under HTS 7118.90.0020 as other platinum coins for investment purposes. It meets chapter note definitions for platinum alloys where platinum predominates.
1 oz Platinum Britannia Coin
The 1 oz Platinum Britannia, produced by the Royal Mint, contains one troy ounce of .9995 fine platinum depicting Britannia. It is classified in HTS 7118.90.0020 as other coins of platinum, intended for precious metal investment. Excludes base metal cladding per chapter notes.
Platinum Krugerrand 1 oz Coin
The Platinum Krugerrand from the South African Mint holds 1 troy ounce of .9995 pure platinum, mirroring the gold version's design. Under HTS 7118.90.0020 as other platinum coins for bullion trade. Platinum content predominates per classification rules.
1/10 oz Platinum Philharmonic Coin
The 1/10 oz Platinum Philharmonic from the Royal Mint contains .9995 fine platinum in a small investment denomination. Classified as HTS 7118.90.0020 for other platinum coins, suitable for fractional bullion holdings. Adheres to platinum alloy predominance rules.
Platinum Koala 1 oz Coin
Australia's Perth Mint produces the 1 oz Platinum Koala coin with .9995 pure platinum and native wildlife design. It fits HTS 7118.90.0020 as other platinum investment coins. Excludes any semiprecious stone settings per definitions.
Somalian Platinum Elephant 1 oz Coin
The Somalian Platinum Elephant series features 1 oz .9995 fine platinum with African wildlife motifs, issued by the mint in the African Union. Under HTS 7118.90.0020 as other platinum coins despite non-circulating status. Pure platinum per chapter specifications.