With the discovery of molecular complexes exhibiting slow relaxation of the magnetization and magnetic hysteresis at low temperature, research activity in the field of molecular magnetism based on coordination compounds has experienced spectacular growth. [1] These nanomagnets, called single-molecule magnets (SMMs), [1][2][3] straddle the quantum/ classical interface showing quantum effects, such as quantum tunneling of the magnetization and quantum phase interference, and have potential applications in molecular spintronics, ultra-high density magnetic information storage, and quantum computing at the molecular level. [3] The motivation of much of this research activity has been provided by the prospect of integrating SMMs into nanosized devices. The origin of the SMM behavior is the existence of an energy barrier that prevents reversal of the molecular magnetization, [1] although the currently observed energy barriers are (relatively) low and therefore SMMs act as magnets only at very low temperature. To increase the height of the energy barrier and therefore to improve the SMM properties, systems with large spin-ground states and/or with large magnetic anisotropy are required. The early examples of SMMs were clusters of transition metal ions, [2] but recently mixed 3d/4f metal aggregates, [4] low-nuclearity 4f metal complexes, [5] and even mononuclear complexes (called single-ion magnets, SIMs) of lanthanide, [6] actinide, [7] and transition-metal ions [8] have been reported to exhibit slow relaxation of the magnetization.It should be noted that for integer-spin systems with D < 0 fast quantum tunneling of the magnetization (QTM) through the mixing of AE Ms levels may suppress the observation of slow magnetic relaxation through a thermally activated mechanism. QTM is promoted by transverse zero-field splitting (E), hyperfine interactions, and/or dipolar interactions. [1] The application of a small direct current (dc) field, stabilizing the negative Ms levels with regard to the positive ones, may remove the degeneracy of the AE Ms levels on either side of the energy barrier, tilting the system out of resonance and, on occasion, enabling the thermally activated mechanism. For non-integer spin systems with D < 0, the mixing of the degenerate ground state AE Ms levels through transverse anisotropy (E) is forbidden, thus favoring observation of the thermally activated relaxation process. [9] This situation, together with the fact that mononuclear species can exhibit larger anisotropies than their multinuclear counterparts (the