2022 NAICS national industry in sector 42 Wholesale Trade
423940 Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
NAICS 423940 is the US industry code for jewelry, watch, precious stone, and precious metal merchant wholesalers. It covers establishments primarily engaged in the merchant wholesale distribution of jewelry, precious and semiprecious stones, precious metals and metal flatware, costume jewelry, watches, clocks, silverware, and/or jewelers' findings.
- Code
- 423940 (2022 NAICS)
- Title
- Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
- Part of
- Miscellaneous Durable Goods Merchant Wholesalers
- SBA small business limit
- Up to 125 employees
- Closest UK SIC
- 46491, 46499, 46690 (details)
Changes coming. The NAICS 2027 revision applies to data from 1 January 2027, and SBA proposed new size standards on 20 August 2026. The values on this page are the ones in force today; we update this page when the official files change.
Official definition
This industry comprises establishments primarily engaged in the merchant wholesale distribution of jewelry, precious and semiprecious stones, precious metals and metal flatware, costume jewelry, watches, clocks, silverware, and/or jewelers' findings.
When to use a different code
Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:
Activities listed under 423940
The Census index assigns these 24 activities to this code. If your business matches one, this is your code.
- Antique jewelry merchant wholesalers
- Clocks merchant wholesalers
- Coins merchant wholesalers
- Costume jewelry merchant wholesalers
- Diamonds (except industrial) merchant wholesalers
- Flatware, precious and plated, merchant wholesalers
- Gem stones merchant wholesalers
- Hollowware, precious metal, merchant wholesalers
- Ingots, precious, merchant wholesalers
- Jewelers' findings merchant wholesalers
- Jewelry merchant wholesalers
- Medallions merchant wholesalers
- Metals, precious, merchant wholesalers
- Numismatic goods merchant wholesalers
- Pearls merchant wholesalers
- Plated metal cutlery or flatware merchant wholesalers
- Precious and semiprecious stones merchant wholesalers
- Precious metals merchant wholesalers
- Silverware, precious and plated, merchant wholesalers
- Stones, precious and semiprecious, merchant wholesalers
- Tableware, precious and plated, merchant wholesalers
- Trophies merchant wholesalers
- Watchcases merchant wholesalers
- Watches and parts merchant wholesalers
SBA size standard for 423940
To count as a small business for SBA loans and federal contracts under NAICS 423940, your business (including affiliates) must not exceed 125 employees. Check your business.
Source: SBA table of size standards, effective March 17, 2023.
Closest UK SIC 2007 codes
There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 4649, 4669), so treat them as a starting point and check the definition.
- 46491Wholesale of musical instrumentsUK SIC
- 46499Wholesale of household goods (other than musical instruments) n.e.c.UK SIC
- 46690Wholesale of other machinery and equipmentUK SIC
Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.
Similar codes to compare
Data last changed November 14, 2026. How this page is built.