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 Replies: 8 / Views: 1,278 |
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New Member
Malaysia
43 Posts |
I purchased a China banknote holder under a company called JQR (JIN QUAN RATING COMPANY) & I needed a help from someone here who knows about this company & clarify if is a legitimate grading operating in Hong Kong. I have some information about the company that might help when I did some research on it:- China Jin Quan Rating Group Co., Limited was incorporated on 21-SEP-2017 as a Private company limited by shares registered in Hong Kong. The date of annual examination for this private company limited is between Sep 21 and Nov 02 upon the anniversary of incorporation. The company's status is listed as "Dissolved" now. China Jin Quan Rating Group Co., Limited had been operating for 6 years 7 months, and 28 days since its registered until dissolution. The source are from this link: https://www.ltddir.com/companies/ch...-co-limited/Thanking all the responses, opinions & advices in advance. All are welcomed & appreciated.   |
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Bedrock of the Community
United States
94367 Posts |
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Valued Member
United States
157 Posts |
Quote:
An NGC affiliate? More likely just trading off a recognized aesthetic to get that reaction. I don't trust anything coming out of China unless it's from a branch office of a known firm, like Spink, Christie's, etc. |
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Bedrock of the Community
United States
36906 Posts |
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Pillar of the Community
United States
742 Posts |
The last auction record I can locate for a genuine one of these was from 2014 where it sold for almost US$200,000.00. Specimens have sold between US$5-7,000.00. I see copies of this note available on ebay. Something tells me that this note is not genuine. Collectors in China usually use PMG for scarce notes. PMG has offices in Shanghai and Hong Kong. |
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Pillar of the Community
Canada
2585 Posts |
If @lettow considers this note suspicious, then you should contact PMG to enquire if they know anything about this "JQR" Third Party Grading co. This "JQR" certification outfit have used a nearly identical certification label as PMG, which (for me) implies 3 possibilities: they're either a NGC affiliate (as Coinfrog suggested - best outcome) or they've ripped off the label format illegally but are legit (2nd best outcome) or they're not a TPG co, but some spurious individual who has created the phoney label for a counterfeit (bogus label/bogus note: worst outcome). I'm sure that you may get a bit closer to the truth by contacting PMG since they may have already had a problem with this JQR (or they're good). I'm curious about the JQR co. Perhaps you can give more details about this entity? I know nothing about these notes so I have not responded but I do feel the holder looks suspicious (off). If you contact PMG, it would probably be best to contact a branch in China or Hong Kong: https://www.pmgnotes.com/contact/Good luck & let us know how it went. Edited by walk2dwater
05/21/2024 10:07 am
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New Member
 Malaysia
43 Posts |
Hi again friends,
I would like to thank all the friends that posted the replies, advices, opinions & suggestions over here, I appreciated it all of them very much, thank you.
Well, I have contacted the PMG on this matter but haven't received any reply yet, but in due time I will update if there's any.
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Bedrock of the Community
 United States
12870 Posts |
Any updates?
I did a search (as I'm sure some of you did) and couldn't really find anything on this except a post with a web site for JQR in the Paper Money Forum. The web site (not surprisingly) is not valid.
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Pillar of the Community
United States
4601 Posts |
The Internet Archive has captures from December 2017 to August 2018 and a single redirect in 2019. https://web.archive.org/web/2017100...anrating.comSome Google Fu (translate) give us: Quote:
About us
About Gimcheon
As early as 2010, the founders of Gimcheon began to assemble a professional team, and the Gimcheon team was formed by industry insiders with rich experience and professional knowledge, and after three years of preparation, it was fully listed in 2013.
Over the past three years, the Golden Spring team has verified the numismatic grading standards countless times and established the most accurate grading standards available.
Gimcheon strives to be the most comprehensive third-party numismatic grading company.
Composition of the Golden Spring
Jinquan is mainly composed of 10 main departments, including customer service department, appraisal and rating department, packaging department, product inspection department, packaging and logistics department, operation promotion department, sales department, product research and development department, factory production department and human resources department.
All employees are highly trained and have extensive knowledge of the industry. Among them, the appraisal and rating department and the product research and development department are composed of top people in the industry.
The idea of Gimcheon
Jinquan adheres to the use of our professional technology, fair ethics, fine workmanship, and perfect service to maximize the value of your coins.
Gimcheon's range of services
Jinquan's coin grading and appraisal service has realized the authoritative and professional grading and appraisal service of various varieties of ancient Chinese coins and modern coins issued by the world.
Golden Spring Grading includes the Coin Grading JQR Grading Service. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Replies: 8 / Views: 1,278 |
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Posted 05/19/2024 10:13 am
