MCC 5932 - Antiques

Merchant Category Code 5932 is designated for businesses involved in the sale and trade of antiques. This MCC primarily serves merchants dealing with unique, collectible items that are typically reflective of past historical periods. Businesses under this classification range from small, independent antique shops to larger, established galleries that specialize in items such as furniture, art, jewelry, and decor pieces that are considered valuable because of their age and uniqueness.
Types of Services
- Antique Retail: Shops and galleries selling antique furniture, decor, and collectibles directly to consumers.
- Antique Auctions: Services facilitating the auction of rare and valuable antique items, whether in-person or online.
- Appraisals and Valuations: Professional services assessing the value of antique items for sales, insurance, or other purposes.
- Restoration and Conservation: Specialist services that repair, restore, and conserve antique items to preserve their historical integrity.
Related MCCs
- MCC 5931: Used Merchandise Stores: While related to second-hand items, this MCC includes a broader range of merchandise beyond antiques, like thrift stores or consignment shops.
- MCC 5944: Jewelry, Watches, Clocks, and Silverware Stores: Focuses on jewelry and precious metal items, some of which can be antique, differing mainly by product specialization.
- MCC 5094: Precious Stones and Metals, Watches, and Jewelry: Involves the wholesale trade of these goods, overlapping with antiques only in terms of material rather than historical significance.
FAQs
- What defines an item as an antique?
- Traditionally, an antique is an item that is at least 100 years old and valued for its historical significance, rarity, or craftsmanship. - Can online stores use MCC 5932?
- Yes, online retailers that specifically sell antique items can use MCC 5932. - Are appraisals covered under MCC 5932?
- Yes, services specifically offering antique appraisals and valuations can be classified under this MCC. - Do auction services fall under this MCC?
- Auction businesses dealing exclusively in antiques are covered, but those offering a broader range of items may use a different MCC.
MCC Categories
Agricultural Services Airlines Business Services Car rent Cars and vehicles Clothing stores Contract services Entertainment services Government Services Hotels / Resorts Mail / Telephone Sales Membership оrganizations Miscellaneous Stores Not categorized Personal services Professional services Repair services Retail Outlet Services Service provider Transportation Services Utility Services Wholesale suppliers and manufacturers