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
§ Pisa. Emissioni a nome di Federico II, 1313-1406
Fiorino, AV 3,49 g. FEDERICVS – IMPATOR Aquila coronata, ad ali spiegate, stante a s. su capitello ornato. Rv. PTEGE VI – RGO PIS La B. Vergine, nimbata coronate e velata, seduta di fronte con il Bambino in braccia; nel campo, a s., ? (croce pisana). MIR 421. Friedberg 965.
Rarissimo. Impercettibili tracce di graffettatura, altrimenti q.Spl
Ex asta Nomisma 55, 2017, 1236.
This lot is subjected to an extra 10% on the hammer price since it has been temporarily imported from outside the ECC. The 10% is not due if the lot is exported from the ECC.