Metal‐organic nanocapsules (MONCS) have generated widespread interest in recent years because of potential applications in a number of areas, including catalysis, pharmaceutical delivery and information storage. The focus of this chapter is metal complexes for which upper rim hydroxyl groups of resorcin[4]arenes or pyrogallol[4]arenes are ligated to the metal. The stereostructures of the arene macrocycles are discussed in terms of the effect of the R group on the thermodynamic stability of the crown conformation preferred for capsule formation. Studies on hydrogen‐bonded capsules that led to the development of the MONCS are described. Finally, the structures and properties of the MONCs are compared and contrasted with respect to choice of macrocycle, metal, R group, guest, and size.