Comment Re:It's her day so... (Score 1) 755
It's also taking a big chance, as both parties will probably be quite a bit more mature in a few years, and probably regret not getting something with lasting value, such as platinum or a finer grade of gold.
Consider that iridium is much rarer, more valuable, and heavier than gold or platinum. It is also much harder and more resistant to scratches.
I don't know how easy it is to remove. Depending on how hard/brittle iridium is, it may be more like tungsten carbide (WC). A ring made of "uncuttable" WC can be easily and safely removed by breaking it using vise-grip pliers (like this).
Some quick research shows that iridium has a similar Young's Modulus to WC (~530 GPa and ~700 GPa respectively) and about double the tensile strength of WC (~600 MPa vs. ~350 MPa). So it might be removable in a similar fashion. Of course you should check by experiment if possible before any emergency comes up!