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
§ Venezia. Municipalità provvisoria, 1797
Osella o medaglia detta del Lido 1797, AR 14,63 g. MVNICIPALITAS PROVISORIA VENETA Veduta di un edificio in fiamme da cui escono due figure che mettono in salvo dei barili di polvere da sparo. Rv. URBIS / SERVATORIB / BENEMÆRENS / PATRIA / AD LITVS / EXPLOSIONE / REPARATA / 1797 entro corona d’alloro. Paolucci II 287.
Estremamente rara e in eccezionale stato di conservazione, probabilmente il migliore esemplare in mani private. Bellissima patina iridescente, impercettibili tracce di ribattitura in alto nel campo del rv., migliore di Spl
Ex aste Finarte 843, 1992, 755 e NAC 53, 2009, 936.
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.