Vanadate(V)-templated Dawson-type capsules {(VM17VI)-M-IV(VO4)(2)} (M = Mo, W; 1-2) have been synthesized and investigated by electrochemical methods in aqueous and organic media using spectroscopic techniques, EPR, UV-vis/NIR, IR, and CSI-MS (cryospray ionization mass spec.), and the clusters have been examined in the solid state by magnetic studies. The collision-induced dissociation (CID-MS) studies confirmed the solution structures as well as helped pinpoint the position of the vanadium ion on the {VM17}-type shell, which was corroborated by EPR and theoretical studies.