It does not look like a grading company; instead it is an educational company. Quotes from the article: "Two of the world’s foremost coin grading experts, Devin Hipp and Keith Moon, have joined forces to launch Numismatic Rarities Exchange (NREX), a groundbreaking venture set to elevate standards in the numismatic industry through scholarly research and education, ethical leadership in commerce, and innovative deployment of technology." "Through NREX, Hipp and Moon will continue to invest in education and mentorship through these grading courses, in addition to podcasts and other content platforms designed to engage both veteran collectors and new enthusiasts."
Thank you ddddd! I was confused by an answer I received from AI, lol "(NREX) is a new coin grading company launched in October 2025 by veteran graders Devin Hipp and Keith Moon. The company was founded in collaboration with David Lawrence Rare Coins (DLRC)"
That's your 1st 2nd and 3rd mistake, trusting an AI instead of reading the first paragraph of the presser. Now if I was a nasty suspicious type... with David Lawrence Rare Coins becoming DLRC, John ensconced in CDN, CACG in Virginia Beach, and Dell Loy in the process of moving his collection to CACG... I could expect this to be a Datsun -> Nissan type activity. FWIW, nrex.com is parked at GoDaddy.
Hard to know from the CoinWeek article exactly what NREX will do and how it will make money. Appears to be an added activity to DLRC (formerly David Lawrence Rare Coins). Its financial function may be to bring more business to DLRC. Was surprised that the article mentioned that Dell Loy Hansen is a co-owner of DLRC. Hansen is a Utah billionaire who has vowed to out-Eliasberg Eliasberg by assembling the most complete collection of U.S. coins. I knew DLRC was his chief dealer but not that he was a co-owner. Mike
Oh, yeah, that was several years ago... https://www.davidlawrence.com/dl-hansen-collection And https://www.coinworld.com/news/us-coins/hansen-collection-of-u-s-coins-moving-to-cac-grading
