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I am half a world away so I really can't tell you the names of precious metal dealers in your neighborhood, but anyone who buys and sells silver, gold, and platinum may buy and sell iridium and other precious metals. There is talk that the iridium can pull rice, pull candle flame due to some magical power? What is the application (in real world) of Iridium? And as far as I know, there's no corner of the world where scams are moral or legal. Of course if you are selling them for substantially more than their intrinsic metal value, and they are not legitimate collectible coins of established value, you could certainly be accused of being involved in a rice-pulling nonsense scam. But it would seem to me that if you are allowed to sell gold coins and precious metals, then you are probably allowed to sell iridium coins they are similar precious metals, and pure iridium is only slightly less valuable than gold. I'm half a world away in the USA, so I'm not familiar with India's laws. Which country has the highest iridium sources? Siva k Ī. And remember that an alloy of iridium and copper is worth far less than pure iridium, in the same way that 9K gold is worth far less than pure 24k gold. They are a pestilence robbing the gullible. You might find the daily selling price for iridium at places like and, and you'll find it at Yes it's expensive because it is a rare precious metal, but it's nowhere near as expensive as platinum.īeware of scammers claiming ridiculous "magic powers". I've also seen it used as a contact point on anodizing racks, and in the balls of ball point pens I think its high melting point makes it useful as a construction material for certain rocket components. It has been used as a coating on spark plug electrodes. It is element #77 in the periodic table, and a precious metal. Of course there is real iridium - just as there is real platinum, palladium, rhodium, and gold. is there any matter in it or is just rumours?!?!Īnd if there are real iridium to be found what is next?!? Nikhil sam What is the rate of iridium copper alloy it seems the rates are way too far from the gold and silver. As PT Barnum put it, "There's a sucker born every minute".
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Iridium is a precious metal with a few industrial uses, but there is a lot of scamming going on about ridiculous "magical rice-pulling powers" and other nonsense. There is an entry for iridium in Wikipedia. It is used as an electrical contact and even a spark plug electrode.
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It is very heavy and extremely corrosion resistant, even at high temperatures. Iridium is a precious metal (currently presently costing 75 to 80% as much as gold).īy definition, precious metals are rare, but the usual source is as a trace metal found when mining platinum. What is the cost of iridium metal in Indian currency with carats? Prakash T V S ⇩ Closely related postings, oldest first ⇩ 'Rice Pulling' scams are crimes, and all attempted contact will be reported to the FBI. Advertisements you see on the internet of people wanting to buy iridium are usually fraudulent - they place fictitious ads claiming to want to buy iridium at outlandish prices, but the real purpose of those ads is to trick potential buyers into believing there is a resale market at those outlandish prices but there is not - again, the actual price varies, and can be looked up on line, but is usually a bit less than gold.ĭON'T ATTEMPT TO PRIVATELY CONTACT US. Some of the same people who deal in those other precious metals will also deal with iridium.īut there is so much nonsense and ridiculous scams with iridium that you should be very careful. Iridium is a precious metal like gold, platinum, rhodium, etc., and worth almost as much as gold. Find a gold & platinum dealer - that can't be hard.