The magnetic properties and the spin dynamics of two molecular magnets have been investigated by magnetization and dc susceptibility measurements, electron paramagnetic resonance and proton nuclear magnetic resonance ͑NMR͒ over a wide range of temperatures ͑1.6-300K͒ at applied magnetic fields H = 0.5 and 1.5 T. 3+ ion with J = 0.14 K is present, while in Cu 6 Co the Co 3+ ion is diamagnetic and the weak interaction is antiferromagnetic with J = −1.12 K. The NMR spectra show the presence of nonequivalent groups of protons with a measurable contact hyperfine interaction consistent with a small admixture of s wave function with the d function of the magnetic ion. The NMR relaxation results are explained in terms of a single-ion ͑Cu 2+ , Fe 3+ , Co 3+ ͒ uncorrelated spin dynamics with an almost temperature-independent correlation time due to the weak magnetic exchange interaction. We conclude that the two molecular magnets studied here behave as single-molecule paramagnets with a very weak intramolecular interaction, almost on the order of the dipolar intermolecular interaction. Thus they represent a separate class of molecular magnets which differ from the single-molecule magnets investigated up to now, where the intramolecular interaction is much larger than the intermolecular one.