diff --git a/ivy/src/main/scala/sbt/Ivy.scala b/ivy/src/main/scala/sbt/Ivy.scala
index a938087fd..5d30520da 100644
--- a/ivy/src/main/scala/sbt/Ivy.scala
+++ b/ivy/src/main/scala/sbt/Ivy.scala
@@ -314,6 +314,7 @@ private object IvySbt
 	// the common case is for resolved.getArtifactResolver to be inter-project from a different project's publish-local
 	// if there are problems with this, a less aggressive fix might be to only reset the artifact resolver when it is a ProjectResolver
 	// a possible problem is that fetching artifacts is slower, due to the full chain being the artifact resolver instead of the specific resolver
+	// This also fixes #760, which occurs when metadata exists in a repository, but the artifact doesn't.
 	private[this] def resetArtifactResolver(resolved: ResolvedModuleRevision): ResolvedModuleRevision =
 		if(resolved eq null)
 			null
diff --git a/sbt/src/sbt-test/dependency-management/metadata-only-resolver/build.sbt b/sbt/src/sbt-test/dependency-management/metadata-only-resolver/build.sbt
new file mode 100644
index 000000000..98e8b7518
--- /dev/null
+++ b/sbt/src/sbt-test/dependency-management/metadata-only-resolver/build.sbt
@@ -0,0 +1,6 @@
+ivyPaths <<= (baseDirectory, target)( (dir, t) => new IvyPaths(dir, Some(t / ".ivy2")))
+
+// not in the default repositories
+libraryDependencies += "com.sun.jmx" % "jmxri" % "1.2.1"
+
+autoScalaLibrary := false
\ No newline at end of file
diff --git a/sbt/src/sbt-test/dependency-management/metadata-only-resolver/test b/sbt/src/sbt-test/dependency-management/metadata-only-resolver/test
new file mode 100644
index 000000000..7e3c3e698
--- /dev/null
+++ b/sbt/src/sbt-test/dependency-management/metadata-only-resolver/test
@@ -0,0 +1,6 @@
+# should fail because the dependency is not in the default repositories
+-> update
+
+# add a repository with the dependency, which should then succeed
+> 'set resolvers += "Nuxeo" at "http://maven.nuxeo.org/nexus/content/groups/public/"'
+> update
\ No newline at end of file