I thought ironwood was too dense and already had natural oil, so that extra oil is not needed and doesn’t get absorbed very well. It also darkens with oxidation over time and to bring it back it needs to be buffed every so often with a buffing wheel. Do people usually oil their ironwood handles?
Ironwood is very dense, and also naturally oily, however it does dry out over time as the natural oils get absorbed or transferred. This handle was starting to absorb water, which to me is always a sign that a handle is overdue for a coat of oil. I have made a few ironwood handles to date and it takes oil without issue and the oil both enhances the grain and prevents fluids from being absorbed. To add some additional data points, Eddie frequently works with Ironwood and uses an oil / wax blend to finish his handles and is also kind enough to include a little container of this oil / wax blend with his knives.
In my experience, all woods oxidise and darken to various degrees over time, although I expect that this is somewhat mitigated by oiling the wood (reducing exposure to oxygen) and also reducing exposure to UV light, which I understand acts as a catalyst for the oxidisation. Already oxidised wood can be removed via sanding, cutting, etc., to brighten the wood and increase the contrast between light and dark areas, but am uncertain if buffing would be sufficient to achieve similar results, due to the reduced amount of material that would be removed.
Below you can find a before / after picture of another handle showing the effect of a higher grit finish in addition to tung oil. It's dark here at the moment, so I unfortunately can't get a representative photo of the ironwood right now. The top picture was taken after sanding the handle to P120 grit, the middle picture was taken after sanding the handle to P2000 grit and the bottom picture was taken after applying tung oil to the P2000 grit finish. As well as protecting the handle, the tung oil also darkens the wood, heightens the contrast and gives additional depth to the colours.