This article describes the development of a compact and affordable variable temperature NMRinstrument designed primarily to measure dynamic molecular motions in solids and liquids. The instrument consists of Lab-Tools’ Mk4 palm-top time-domain NMR spectrometer fitted with a Peltier-cooled variable temperature probe inside a shimmed Halbach magnet. Measurement of NMR relaxation times T1, T2, T1ρ are possible over the temperature range −20◦C to 70◦C with cooling and heating rates, and data acquisition controlled from an integrated mini-PC. The overall footprint of the instrument is roughly that of a shoe box making both in-the-field and bench-top measurements possible. Applications of this instrument include measuring the pore size distribution in porous rocks, the viscosity of oils and tars trapped in porous rock, the properties of polymers, and the viscosity of the liquid components of foods (e.g. fruits, vegetables and seeds). Results of test measurements on calibrated oils and olive oil are presented together with measurements of the molecular mobility in a sold polymer.