South African Krugerrand Gold Coin
The Krugerrand is a 1 oz gold coin with 91.67% gold alloy (22 karat) minted by the South African Mint, iconic for bullion investment since 1967. It is classified in HTS 7118.90.00 as other coins because it functions as legal tender bullion without circulating intent. Gold predominance in the alloy follows Chapter Note 5(b).
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 unwrought gold from melted coins
Melted-down coin gold is classified as gold bars or unwrought per purity, not as fabricated coins.
If mounted in gold settings for personal wear
Coin pendants or rings combining coins with jewelry elements fall under base metal jewelry with precious metal.
If costume version with gold plating over base metal
Imitation versions lacking true precious metal alloys are imitation jewelry per Chapter Note 11.
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Import Tips & Compliance
• Document alloy composition (11.67% copper) precisely to confirm gold-dominant status under note 5 classification rules
• Include origin certificates from South Africa; watch for anti-dumping duties on certain gold products
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