Coin (other than gold coin), not being legal tender

HS code 711810 covers the trade and production of coins that are not considered legal tender. This industry plays a significant role in the broader numismatic and collectible markets, catering to the needs of coin collectors, investors, and enthusiasts worldwide. These non-legal tender coins are often produced for commemorative, commemorative, or investment purposes, contributing to the preservation and appreciation of numismatic heritage.

The production of non-legal tender coins typically involves specialized minting processes. Skilled artisans and technicians use advanced machinery and techniques to strike, stamp, or cast the coins, ensuring precise designs, intricate details, and consistent quality. The manufacturing process often includes steps such as metal alloy preparation, die cutting, and careful finishing to create the desired aesthetic and physical characteristics of the coins.

The production of HS code 711810 coins requires a range of inputs, including precious metal alloys (such as 711210 Silver in other semi-manufactured forms, 711290 Other articles of precious metal or of metal clad with precious metal), specialized minting equipment, and skilled labor. Manufacturers may also utilize advanced technologies, such as computer-aided design and 3D printing, to enhance the production process and meet the evolving demands of the numismatic market.

The primary output of HS code 711810 is non-legal tender coins, which are often sought after by collectors, investors, and enthusiasts. These coins may be used in the production of 711420 Articles of jewelry and parts thereof, of precious metal other than silver, 711490 Other articles of precious metal or of metal clad with precious metal, and 970500 Collections and collectors' pieces of zoological, botanical, mineralogical, anatomical, historical, archaeological, paleontological, ethnographic or numismatic interest.