Iron meteorites (IRONS) are primarily iron and nickel.
IRONS are probably remnants of the broken-up core of a chemically differentiated asteroids.
IRONS constitute about 66 % of FINDS: i.e., meteorites just found on the ground without being seen to fall.
But they are only about 6 % of FALLS: i.e., meteorites that are seen to fall and then are located. Most FALLS are STONES or STONY-IRONS.
Answer 2 is right.
Given the 66 % to 6 %, most FINDS are IRONS by more than chance alone.
IRONS are pretty resistant to burning up in the atmosphere, and so they the large abundance that we find on Earth is probably a biased sample of meteoroids.
Iron meteoroids are probably a small fraction of meteoroids.
Credit: NASA/JPL; download site Views of the Solar System: Meteorites.