Collections and collectors' pieces; of numismatic interest, of an age not exceeding 100 years
HS v2022 Code: 970539
About collections and collectors' pieces; of numismatic interest, of an age not exceeding 100 years
HS code 970539 covers a diverse range of collectible items of numismatic (coin and currency) interest that are less than 100 years old. This industry plays a vital role in the preservation and appreciation of cultural heritage, as well as the global trade in rare and valuable collectibles. The trade in these items contributes to the broader economy through the activities of collectors, dealers, auction houses, and related service providers.
Production process
The production techniques for items covered under HS code 970539 vary widely, as they encompass a diverse range of collectibles. These may include the minting of coins, the printing of currency, the creation of medals, and the manufacture of other numismatic items. The production of these collectibles often involves specialized skills, advanced technologies, and meticulous attention to detail to ensure the authenticity and quality of the final products.
Production inputs
The main inputs required for the production of items under HS code 970539 include precious metals (such as gold, silver, and platinum), base metals, specialized printing and minting equipment, and the expertise of skilled artisans and numismatists. Additionally, the preservation and storage of these collectibles may require specialized materials and environmental controls to maintain their condition and value.
Production outputs
The primary outputs of the industry covered by HS code 970539 are the collectible items themselves, which are then traded and exchanged among collectors, dealers, and investors. These items may be consumed by 970510 Collections and collectors' pieces of zoological, botanical, mineralogical, anatomical, historical, archaeological, paleontological, ethnographic or numismatic interest, 970600 Antiques of an age exceeding one hundred years, and other related industries that cater to the demand for rare and valuable collectibles.
Revisions to 970539
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 970539. The most recent 1 version of this code (970539) is in the HS v2022 system (this version):
This page shows the most recent version of code 970539.
Family tree for collections and collectors' pieces; of numismatic interest, of an age not exceeding 100 years
graph LR A["<a href='/classifications/hs/v2022/97'>97: Works of art; collectors' pieces and antiques</a>"] A --> B["<a href='/classifications/hs/v2022/9705'>9705: Collections and collectors' pieces; of archaeological, ethnographic, historical, zoological, botanical, mineralogical, anatomical, palaeontological or numismatic interest</a>"] B --> C["<a href='/classifications/hs/v2022/970539'>970539: Collections and collectors' pieces; of numismatic interest, of an age not exceeding 100 years</a>"] B --> D["<a href='/classifications/hs/v2022/970510'>970510: Collections and collectors' pieces; of archaeological, ethnographic or historical interest</a>"] B --> E["<a href='/classifications/hs/v2022/970521'>970521: Collections and collectors' pieces; of zoological, botanical, mineralogical, anatomical or palaeontological interest, human specimens and parts thereof</a>"] B --> F["<a href='/classifications/hs/v2022/970522'>970522: Collections and collectors' pieces; of zoological, botanical, mineralogical, anatomical or palaeontological interest, extinct or endangered species and parts thereof</a>"] B --> G["<a href='/classifications/hs/v2022/970529'>970529: Collections and collectors' pieces; of zoological, botanical, mineralogical, anatomical or palaeontological interest, other than human species, extinct or endangered species and parts thereof</a>"] B --> H["<a href='/classifications/hs/v2022/970531'>970531: Collections and collectors' pieces; of numismatic interest, of an age exceeding 100 years</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level2 class B level4 class C level6 class D level6 class E level6 class F level6 class G level6 class H level6 class C highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class C highlight