Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

📘 Source: U.S. Census Bureau — 2022 NAICS Manual

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.

NAICS code 423940 — Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Miscellaneous Durable Goods Merchant Wholesalers space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of 500 employees, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 423940.

What is NAICS code 423940?

NAICS code 423940 is 'Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers', classified under the Wholesale Trade sector (NAICS 42). This industry comprises establishments primarily engaged in the merchant wholesale distribution of jewelry, precious and semiprecious stones, precious metals and metal flatware, costume jewelry, watch

What is the SBA small business size standard for NAICS code 423940?

The SBA defines a small business under NAICS code 423940 (Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers) as one with 500 employees. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 423940 in SAM.gov?

To register NAICS code 423940 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 423940 (Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers) to your NAICS code list. You may designate one code as your Primary NAICS code.