Our U.S. broker has received written confirmation from U.S. Customs and Border Protection (CBP) that they are currently following the interpretation issued by the Trade Remedy Division under the IEEPA (International Emergency Economic Powers Act) FAQ page.
According to this guidance:
HTSUS 9705 - including all its subheadings (which cover coins of numismatic interest) - is recognised as
“informational material”.
This means that no duties or tariffs currently apply to coins of numismatic interest when properly declared.
To corroborate this interpretation, Numismatica Ars Classica, along with other companies and brokers, have successfully cleared several shipments in recent weeks, with no tariffs applied.
Our understanding is therefore that U.S. Tariffs, at present, are not applicable to any of the lots in the current auctions.
Please note that this information reflects the current interpretation and we cannot guarantee that CBP will not revise its position in the future.
Description
Roma. Clemente XI (Gianfrancesco Albani), 1700-1721
Testone anno II/1702, AR 9,05 g. CLEMENS XI – PONT M A II Stemma sormontato da triregno e chiavi decussate con cordoni e accostato da due rami di alloro. Rv. IMPERAT AVT SERVIT Tavolo con sacchi di monete; sotto, nel giro, 1702. Muntoni 67. Berman 2400. MIR 2281/1.
Spl