The thermal- and photoinduced valence tautomerism of a cobalt bis(dioxolene) complex is described. The thermal conversion is precipitous, complete within 10 K, and is accompanied by a 5 K hysteresis loop (107 K < T(1/2) < 112 K). Rapid thermal quenching (300 K --> 10 K in ca. 5 s) and photoinduced valence tautomerism result in trapping of the metastable Co(II)-state at low temperatures through intermolecular hydrogen bonding. This lattice stabilization results in unmatched kinetic and thermal stability for a valence tautomer from 10-50 K, with residual hs-Co(II) persisting until about 90 K.