Compound CpMoH(PMe 3 ) 3 , 1, is oxidized by Ag + in acetonitrile to the 17-electron complex [CpMoH(PMe 3 ) 3 ] + , [1] + , which is indefinitely stable at low temperature. The oxidation takes place without the observation of a silver adduct intermediate. Complex [1] + has also been generated by ferrocenium oxidation or by anodic oxidation and characterized by EPR spectroscopy. Complex [1] + slowly decomposes at room temperature by a second order rate law (v = k disp [1 + ] 2 ), consistent with a disproportionation mechanism. In the presence of unoxidized 1, on the other hand, the decomposition of [1] + is faster and proceeds via a deprotonation mechanism (v = k deprot [1 + ][1]) with compound 1 acting as a catalyst. The ratio of the two second order rate constants is k deprot /k disp = 5.8( 7)). Intermediates of the disproportionation pathway, the solvent-stabilized double oxidation products [CpMoH(S)(PMe 3 ) 3 ] 2+ (S = THF, MeCN) have been isolated as stable salts with the PF 6 and BF 4 counterions, respectively. The acetonitrile adduct has also been characterized by X-ray crystallography. Complex [CpMoH(MeCN)(PMe 3 ) 3 ] 2+ slowly transfers a proton to complex 1 to afford a 1:1 mixture of [CpMo(PMe 3 ) 3 (MeCN)] + and [CpMo(PMe 3 ) 3 H 2 ] + , and is also slowly deprotonated by NEt 3 .