We report the first high pressure129I Mössbauer measurements with elemental iodine at pressures to 30 GPa. A 20 mg/cm2129I2 absorber was mounted in a diamond anvil cell with an effective diameter of 0.21 mm. The source used was Mg3129mTeO6. Experiments were performed mainly at 4 K and the pressure was monitored by the ruby fluorescence method. With increasing pressure we observe a gradual decrease in |e2qQ| and an increase in IS and η values of the low pressure, molecular phase; at ∼16 GPa a new phase (HP1) is detected characterized by a change in sign of e2qQ and a smaller value of |e2qQ|, and a substantial increase in η. At ∼24 GPa a new phase (HP2) is formed that is characterized by a smaller value of η. In general the population of the molecular phase decreases from 1.0 near 15 GPa to a value of 0.4 at 30 GPa. The fraction of the high pressure phase (HP1 + HP2) increases at the expense of the molecular phase and that of the HP2 at the expense of the HP1 phase. These observations are discussed in relation to the onset of a metallic phase near 16 GPa and recent x-ray diffraction studies.