Detailed studies of the structure, conductivitity, magnetoresistance, optical spectra, and magnetic properties (susceptibility, EPR) for the new molecular metal tetrabenzporphyrin iodide (H(2)(tbp)I) and the electrical, spectral, and magnetic properties of Ni(tbp)I are reported. Paramagnetic transition-ion impurities were carefully excluded during the synthesis of H(2)(tbp)I and Ni(tbp)I, and both materials show much higher, metal-like conductivites than previously seen for less-pure Ni(tbp)I. Comparison of the specular reflectance data for Ni(tbp)I and H(2)(tbp)I allows a distinction between purely ring pi-transitions and metal-involved charge-transfer transitions, and the spectra fix the energy levels of the pi orbitals involved in conduction.
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