We have investigated the phonon modes of Ag3[Co(CN)6] using first-principles based methods and high-pressure infrared spectroscopy to understand the origin of its colossal thermal expansion. Grüneisen parameters of its zone-center vibrational modes were obtained from the calculations and compared to the experimental ones. We found that optical phonon modes below 100 cm-1 mainly contribute to its negative thermal expansion, and they also have a significant mixing with acoustic branches. These modes have been assigned to translational motion of the Co-CN-Ag-NC-Co linkages. We also identify a pressure-induced softening of zone-center phonon modes that could account for the experimentally observed phase transition in terms of a first-order displacive instability from the trigonal P3̄1m space group to the acentric Cm space group. © 2013 American Chemical Society.