7115.90.05 - Articles of precious metal, in rectangular or near rectangular shapes, containing 99.5 percent or more by weight of a precious metal and not otherwise marked or decorated than with weight, purity, or other identifying information
Sub-classifications
Overview
This HTS category, 7115.90.05, specifically covers articles manufactured from precious metals where the precious metal content by weight is 99.5 percent or higher. These articles are characterized by their simple, often rectangular or near-rectangular shapes and are typically marked only with essential identifying information such as weight and purity. The absence of any other decorative elements or markings is a key distinguishing feature, ensuring that these items are not classified under more elaborate or embellished categories.
Within the broader context of "Other articles of precious metal or of metal clad with precious metal," this specific subheading focuses on articles that are not explicitly defined elsewhere within Chapter 71 and meet the stringent purity requirements. It differentiates itself from categories that might include precious metal articles with integrated decorative features, gemstones, or specialized functional designs.
The subcategories within 7115.90.05 further refine the classification based on the specific precious metal composition. Subheadings exist for articles predominantly of gold (7115.90.05.30), silver (7115.90.05.60), and a residual category for other precious metals or alloys meeting the purity threshold (7115.90.05.90). This breakdown is crucial for accurate duty assessment and trade statistics, reflecting the distinct market values and origins of different precious metals.