Monetary
N300205 · 2018-09-21 — The tariff classification of gold coin blanks.
The merchandise is described as gold coin blanks of 24k fine gold specifically designed to produce legal tender gold coins for the United States Mint. Multiple steps are described in the manufacture of these blanks. These multiple steps are as follows: Step 1 – Melting: The gold is refined when received from mines, industrial scrap, or recycled gold (i.e., old jewelry). Step 2 – Polishing: The refined gold strips are polished. Post-melting oxidation is eliminated from the strips. Step 3 - First Rolling: This process consists of rolling the rough strips to reduce the thickness while hardening…
N086516 · 2009-12-22 — The tariff classification of "gold coin blanks" from Switzerland.
The merchandise is described as American Eagle 22k gold coin blanks and American Buffalo 24k gold coin blanks for the United States Mint. Multiple steps are described in the manufacture of these blanks, also known as (aka) planchets and flans. These multiple steps are as follows: Step – 1: is the melting of both precious and non-precious metals (gold alloys) to obtain a metal composition of 91.67% or 99.99%. The melting process takes place in the Foundry Division at PAMP by a continuous casting furnace, resulting in the production of raw bars of fine metal or alloyed metals. Step – 2: is the…
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