The preparation of LiNb03:Er 3+ /Yb 3+ nanocrystals and their up-conversion properties have been studied. It is demonstrated that polyethyleneimine-(PEÍ) assisted dispersión procedures allow obtaining stable aqueous LiNbÜ3 :Er 3+ /Yb 3+ powder suspensions, with average size particles well below the micron range (100-200 nm) and the isoelectric point of the suspensión reaching valúes well above pH 7. After excitation of Yb 3+ ions at a wavelengfh of 980 nm, the suspensions exhibit efflcient, and stable, IRto-visible (green and red) up-conversion properties, easily observed by the naked eye, very similar to those of the starting crystalline bulk material.