Reactions between the 1,3-diphosphete complex [Cp'''Co(η -P C tBu )] (1) and Ag[Al{OC(CF ) } ] (Ag[pftb]) were carried out under different conditions. In CH Cl , the unprecedented 1,2-diphosphete isomerization product [Ag {Cp'''Co(μ,η :η :η -1,2-P C tBu )} {Cp'''Co(μ,η :η -1,2-P C tBu )} ]⋅2[pftb] (2) could be isolated. In diffusion experiments of 1 in n-hexane with Ag[pftb] in CH Cl , the triphosphacobaltocenium complex [Cp'''Co(η -P C tBu )][pftb] (4) and the phosphirenylium complex [Cp'''Co(η -PC tBu )][pftb] (5) were obtained, showing a ring expansion and a ring contraction, respectively, under mild conditions. Moreover, addition of pyridine to the Ag complex 2 led to the new 1,2-diphosphete complex [Cp'''Co(η -1,2-P C tBu )] (3). Compound 3 is also formed by thermolysis of 1, making it a promising method for this type of isomerization. 1,2-Diphosphete complexes like 3 are thermodynamically more stable but also synthetically more elusive than their 1,3-isomer counterparts.