NAICS 423940: Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers is NAICS code 423940. A business is small under it with 125 employees or fewer. No federal contracts are open under this code right now.
- SBA size standard
- 125 employees or fewer
- Open contracts now
- 0
- Federal spending, FY2025
- $49.6 million
- Share won by small businesses
- 0%
- Small businesses registered
- 231
What NAICS 423940 covers
The Census Bureau's NAICS index lists these kinds of work under 423940:
- 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
The index lists 24 entries for this code in all.
Read the full definition, including what's excluded, on census.gov.
SBA size standard for 423940
To count as a small business for a contract assigned NAICS 423940, your business must have 125 employees or fewer. Employees are averaged over the last 24 months.
From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.
Who buys jewelry, watch, precious stone, and precious metal merchant wholesalers
Agencies that awarded the most under NAICS 423940 over the last three fiscal years, per USAspending.gov:
| Agency | Obligated |
|---|---|
| United States Mint | $221 million |
| Federal Acquisition Service | $1.8 million |
| Federal Bureau of Investigation | $269,583 |
| Offices, Boards and Divisions | $223,643 |
| Department of the Navy | $144,240 |
| Railroad Retirement Board | $21,457 |
| Centers for Medicare and Medicaid Services | $0 |
| Small Business Administration | $-1,350 |
Your competition
231 businesses with active SAM.gov registrations are rated small under NAICS 423940, most of them in California (39), Florida (31), Texas (26), New York (12) and Maryland (12). Look any of them up with the free CAGE code and UEI lookup.
Federal spending under 423940 by year
| Fiscal year | Contract obligations |
|---|---|
| FY2024 | $166 million |
| FY2025 | $49.6 million |
| FY2026 | $8 million |
| FY2027 (so far) | $0 |
Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.
Related NAICS codes
- 423910 Sporting and Recreational Goods and Supplies Merchant Wholesalers
- 423920 Toy and Hobby Goods and Supplies Merchant Wholesalers
- 423930 Recyclable Material Merchant Wholesalers
- 423990 Other Miscellaneous Durable Goods Merchant Wholesalers
Frequently asked questions
What is NAICS code 423940?
423940 is the 2022 NAICS code for Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers. The Census Bureau's index lists work such as antique jewelry merchant wholesalers, clocks merchant wholesalers, coins merchant wholesalers under it. Federal contracting uses the 2022 codes.
What is the SBA size standard for NAICS 423940?
125 employees or fewer. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.
Are there government contracts for jewelry, watch, precious stone, and precious metal merchant wholesalers?
None are open on SAM.gov right now, but new notices post daily. You can set up a free alert for this code.
How do I add NAICS code 423940 to my SAM.gov registration?
Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.
Keep going
- Search other NAICS codes by keyword or company
- How to choose NAICS codes for government contracts
- NAICS codes with the most open federal contracts
FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.