The X-ray crystal structure of [Co6(mu3-S)8(PEt3)6](PF6) (PEt3 = triethylphosphine) has shown that the crystals are rhombohedric, space group R3BAR, with a = 11.713 (6) angstrom, alpha = 92.15 (4)-degrees, and isomorphous to the homologous iron cluster. The cluster possesses one unpaired electron, and its electronic structure has been investigated through UV-visible electronic absorption spectra, magnetic susceptibility measurements in the temperature range 4.2-300 K, and fluid and frozen solution and single-crystal EPR spectra. The experimental data have been rationalized using semiempirical models (ligand field and extended Huckel) and SCF-Xalpha-SW calculations. A comparison with the EPR spectra of the parent triclinic cluster [Co6-(mu3-S)g(PEt3)6](BPh4) is carried out.