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  #51  
Old 01-13-2013, 11:20 AM
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All I know is you can get a better return on ammo then you can get from the bank on CD's or savings accounts. I also keep an up to date and accurate inventory of it now right down to the last round.
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  #52  
Old 01-13-2013, 11:50 AM
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Price gouging, it is as American as apple pie.
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  #53  
Old 01-13-2013, 12:07 PM
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Ammo is starting to show up again from what I have seen. My Cabelas had a ton of 223 for sale this past thurs as well as their online site that is all reasonably priced. No need to buy the over inflated ammo that is out there. The supply will continue to get better
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  #54  
Old 01-13-2013, 12:17 PM
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Quote:
Originally Posted by exdetsgt View Post
Those prices are criminal. But it's because everyone is panicking and buying AR-15's. I got tired of playing that game, sold mine and bought a Rossi lever action chambered in .38/.357. Not much demand for these calibers.
wrong there my friend cowboy shooters overwhelmingly using 38...could only find 3 boxes of 50's in local sporting good store and 1 box 38 at a walmart(checked 3 before finding that)
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  #55  
Old 01-14-2013, 07:42 AM
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Quote:
Originally Posted by counting cou View Post
wrong there my friend cowboy shooters overwhelmingly using 38...could only find 3 boxes of 50's in local sporting good store and 1 box 38 at a walmart(checked 3 before finding that)
No the reason for the shortage of .38's is because this is a low demand item, during times like this the ammo companies will only be producing high demand items. People who buy .38's tend to buy 1-2 boxes at a time, people who buy 9mm, .40 and .45 buy cases at a time, saw the same thing during the last panic with .380, very hard to find but 9mm was always around. If you need .38's better buy them while old stock in still on the shelf or be prepared to wait for the crazy to calm down.
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  #56  
Old 01-14-2013, 11:17 AM
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Quote:
Originally Posted by Mack View Post
No the reason for the shortage of .38's is because this is a low demand item, during times like this the ammo companies will only be producing high demand items. People who buy .38's tend to buy 1-2 boxes at a time, people who buy 9mm, .40 and .45 buy cases at a time, saw the same thing during the last panic with .380, very hard to find but 9mm was always around. If you need .38's better buy them while old stock in still on the shelf or be prepared to wait for the crazy to calm down.
I think you pretty much hit the nail on its head so to speak. I think .380 will be or is already hard to find due to the increase in CCL holders.
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  #57  
Old 01-14-2013, 11:20 AM
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Quote:
Originally Posted by Stu1205 View Post
This is kind of what I have seen in Florida after the hurricanes.
People doubling and tripling the price of water,
batteries, and other needed items.

As I said in the OP, I am for capitalism and free enterprise,
but this is taking advantage of people fears and needs.
Do people NEED ammunition as they do water? No, they don't. Frankly I am tired of the price police. It is a free market and no one is forced to purchase ammo or guns.
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  #58  
Old 01-14-2013, 11:56 AM
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I don't know why everyone is so surprised at all of this. Basically, the same thing happened in 2008 with ammo, primers,powder, etc. Now that the elections are over, the Administration in Washington is proceeding just as expected on the gun control issue. Believe me, they were going to do this stuff even if the incident in Conn. had not taken place. They were just waiting until it was clear that they didn't have to worry about re-election, and away we go. It will be interesting to see what comes out of the White House on Tues. with Biden's report.
Everyone stay safe, and let's remember to treat all of those involved in our sport as we would like to be treated.
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  #59  
Old 01-16-2013, 12:43 AM
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Never thought 22lr would go for $752 for 5000 rds at auction.
The buyer doesn't think it is price gouging if buyer is willing to bid $752.
If someone offer me $700, I would also sell them too.

5000 Rounds CCI 22 LR 40 Gr .22lr Free Shipping For Sale at GunAuction.com
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  #60  
Old 01-16-2013, 09:09 PM
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There is no such thing as "price gouging." During certain times certain commodities will have higher demand. This is true for ammo now, gas after a natural disaster, or water in the desert.

The asking price of any commodity is just that, an ASKING price. The price of an item has not been fully determined until a buyer completes the transaction by paying the price that was being asked. This is the definition of a market exchange. Also, by definition, market exchanges cannot take place unless BOTH parties agree to the terms. Furthermore, the asking price of a commodity reflects not the current demand, but the anticipated demand at a future point in time.

Andrew
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  #61  
Old 01-16-2013, 11:32 PM
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Nobody here is gouging...because they don't have any ammo on which to gouge anyone.

No ammo anywhere...no primers to reload with either.

Price gouging...hoarding...gun bans...too many people acting crazy in the gun world now-a-days...I'm going fishing.
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  #62  
Old 01-16-2013, 11:44 PM
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Quote:
Originally Posted by Stu1205 View Post
This is kind of what I have seen in Florida after the hurricanes.
People doubling and tripling the price of water,
batteries, and other needed items.
Apples to oranges. Unless you live in a war zone, you can survive a week without ammo. Try going that long without water.
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  #63  
Old 01-16-2013, 11:58 PM
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Quote:
Originally Posted by Stainless44 View Post
Nobody here is gouging...because they don't have any ammo on which to gouge anyone.

No ammo anywhere...no primers to reload with either.

Price gouging...hoarding...gun bans...too many people acting crazy in the gun world now-a-days...I'm going fishing.
Wish we had water, I'd go fishing too
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  #64  
Old 01-17-2013, 12:08 AM
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Magtech/CBC 7.62x51 NATO before Sandy Hook at my LGS $34.99 for 50 rounds, today his new stock arrived and is now $49.99 per 50. He has no .223, 9MM, 45 ACP, .38 Special or 7.62 x 39 all are back-ordered. The only thing more bare than his ammo shelves are his new gun racks and cases.
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  #65  
Old 01-17-2013, 12:19 AM
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price gouging only applies to items of necessity such as bread, milk, gas etc... If people want to buy something when demand is high and supply is low they will pay a premium for it. Simple supply and demand at work. You may not like it, but it is what it is. People that are selling them now at elevated prices are gambling that they'll be able to buy them back when/if prices drop back down to normal. Those that paying the elevated prices are gambling that the prices will not fall.

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Supply and demand.....how does it work?
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  #66  
Old 01-17-2013, 12:35 AM
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I have to agree with what many have said. If you believe in capitalism and free enterprise then those that can buy low and sell high are abiding by the principals of free enterprise. Price gouging (IMO) can really only be an accurate accusation when the items that are being sold are essential for existence. Water, Food, maybe gas and electricity...things that would put someone in the street or threaten their existence. If you don't like it that ammo has tripled in the past month don't buy any. None of us will cease to exist without it. In fact the people that buy .233 ammo at $1.00 a round or a $500 handgun at $700 just fuel or validate the high prices. If no one bought 1 P-Mag at $60 then the price would come down. It is truly supply and demand.
You cannot have it both ways...endorse capitalism/ free enterprise, and then belly ache when supply drives prices up.
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  #67  
Old 01-17-2013, 02:03 AM
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It's not gouging, it's capitalism, supply & demand. GOuging is when someone charges you more than reasonable money for something you need. 99% of us do NOT NEED ammo, we just want it. So it's buyer beware. You should have seen this coming as many of us did & bought BEFORE the election. I paid $300/K for PMC 223 delivered to my house in Nov. Now it would be cheap at $500. Just remember who the guys are over charging & don't buy from them when times get better & let them know that.
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  #68  
Old 01-17-2013, 07:30 AM
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I got an email from SGAmmo yesterday telling me that they had case lots of CCI .22 LR SV in stock. I checked and they had 200 cases with a limit of 1 case, so I ordered a case. The interesting thing was the price increase, which only amounted to $20. Not exactly price gouging! There are some honest dealers out there and SGAmmo appears to be one of them.
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  #69  
Old 01-17-2013, 07:47 AM
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Local shop near me wants $31.99 for a box (50 rounds) of American Eagle .38 fmj. He will never get another dollar from me again. Rather scope Walmart everyday and get it for what is is worth.
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  #70  
Old 01-17-2013, 12:23 PM
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I have a memory like a steel trap. There are stores here locally that i will never set foot in again to buy anything.
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  #71  
Old 01-17-2013, 04:13 PM
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I know some people want to get their Adam Smith on, but flippantly throwing around the term "capitalism" with only a cursory understanding of the theory doesn't exactly help win minds or hearts. (This obviously doesn't apply to you if you are, for example, a student of economists like Milton Friedman. But I digress...)

The fact of the matter is that people are buying scores of ammo because of recent concerns over how the current administration was going to respond to the Newtown tragedy. Some, shall we say, more "unscrupulous" sellers picked up on this and pushed the envelope by raising their prices beyond what the general consensus would define as "reasonable" to see if some were "desperate" enough to pay the exaggerated asking prices. Sad to say, some people fell for it hook, line and sinker.

Is it "right"? Arguably not. Is it illegal? Sadly, no. Are the offending sellers going to heed their consciences and stop being greedy? I wouldn't count on it... In a situation like this, it's best to stay calm, not fall into the panic mindset, and take your business to sellers who don't engage in this sort of behavior. It's going to be inconvenient having to "shop around," but good deals are still to be had if you look hard enough.

Truth be told, I had a whole truckload of 9mm ammo I wanted to get rid of a while back, Speer 124 gr. +P Gold Dot and Winchester 147 gr. RA9T to be exact. I could've waited to sell it now, charged outrageous prices for it and probably have gotten away with it by virtue of the simple fact that it was all properly stored "duty" ammo in 50 rd. boxes. But you know what? It wouldn't have sat well with my conscience to fleece people who are panic buying.

Now, to add to the nuttiness, SGAmmo is selling out of cases of the Winchester Treasury Load. Yes, the TREASURY LOAD. I've been keeping an eye on their .38 Special inventory and it seems that this is what desperation will do to some people. In fact, I'd be willing to hazard a guess that it's sold out as I speak.

So, yeah... Enough of the "capitalism" references already.
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  #72  
Old 01-17-2013, 05:18 PM
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Quote:
Originally Posted by Stainless44 View Post
...I'm going fishing.
Best.

Advice.

Ever.
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  #73  
Old 01-17-2013, 11:39 PM
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If I had ammo to sell, which I do not, I would put it on Gunbroker with a reasonable starting bid and no reserve. If someone wants to pay me several times the value of the ammo, should I refuse on some moralistic basis?
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  #74  
Old 01-23-2013, 12:54 AM
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Quote:
Originally Posted by R. G. Amos View Post
If I had ammo to sell, which I do not, I would put it on Gunbroker with a reasonable starting bid and no reserve. If someone wants to pay me several times the value of the ammo, should I refuse on some moralistic basis?
You might get lucky like this

Federal 5250 Rounds 22 LR Copper coated H.P. .22 : Pistol Ammunition at GunBroker.com
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  #75  
Old 01-24-2013, 10:02 PM
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$1000.00 for .22 LR that would have been awful lot of reloading components!!

LGS I frequent pulled his 223 when individuals started buying huge quantities, he put it up for those that bought his ARs etc. he did the same thing with the last election when .380 got real scarce.
This time even 40S&W is gone plenty of 10mm and 357sig at least there was a few days ago. Oh and no price gouging!! his prices while on the high side he has tried to look out for his regular customers
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  #76  
Old 01-24-2013, 10:44 PM
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Quote:
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That's about 19.5 cents per round!!!

I believe this is the Federal 525 value packs. The ones I purchased a few weeks ago were about 4.5 cents per round.

This is just insane!
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  #77  
Old 01-25-2013, 01:28 AM
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Quote:
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And to think just 7-8 months back I was buying them for 140.00 shipped to my door for the same thing. God now I wish I would have not sold a few. people are just plain stupid, can not stand all these morons paying stupid prices for ammo, mags and these insane prices for ak 47's and ar-15's.

Eric
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  #78  
Old 02-20-2013, 12:44 PM
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18 bidders have a 5250 round case of Federal #745 .36 grain 525 round bulk pack up to $700!! Delivered and the auction isn't over. That is 13.3 cents per round. Insane! $69.99 for a 525 round box. I bought one in October for $18.99.

Instead of people backing off and letting supply fill the pipeline, the hoarders and capitalists are scarfing up every round at whatever price. If bulk .22 is worth 13.3 cents per round, how much is Eley Tennex worth these days?

How about this-also on Gun Broker- 1000 rounds of American Eagle 124 grain FMJ 9MM is bid to $580 plus $35 shipping and 3% Credit card fee with 10 hours to go. That is $633.45 for 1000 9MM FMJ- or 63.4 cents per pop! Holy High Brass Batman! - Your 17 round Glock mag will cost you $10.77 to fill. The same ammo cost $240 per case delivered in November..

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  #79  
Old 02-20-2013, 03:04 PM
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All this talk about price gouging reminds me of a story told to me as a kid. It was about an Ant and a Grasshopper. Ring a bell?
So, all you grasshoppers suck it up
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  #80  
Old 02-20-2013, 05:19 PM
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I have a shoot coming up and had to suck it up and buy
supplys.............

four 25lb bags of Lawerance lead shot at almost $50 a bag.

Best I could do with shipping charges vs state taxs added on to the sales cost. Just finding materials makes one happy, in my area........

Even the trap club stoped selling lead. Bummer.
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  #81  
Old 02-20-2013, 05:26 PM
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Originally Posted by snoopdawg45 View Post
All this talk about price gouging reminds me of a story told to me as a kid. It was about an Ant and a Grasshopper. Ring a bell?
So, all you grasshoppers suck it up
Indelicately put but oh, so true.

Maybe folks will learn a lesson but I wouldn't bet on it!
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  #82  
Old 02-20-2013, 08:38 PM
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Funny story...At least I think it's funny.

My FFL is one of those "basement bandits" who has his FFL on the side, but has a full time business. His is an Insurance Agency.

He has been VERY GOOD to me over the years, allowing me FREE access to his wholesale ordering as well as as many FFL's and transfers as I ever need...all for free.

I try to take care of him and when I see an opportunity to gift something or help out I do. Few days back he mentions he was almost OUT of .223 ammo for his old AR SP-1. All he wanted was enough to fill half a dozen 20 rd mags again.

So today I dropped off SIX boxes of PMC 55gr FMJ's. While I was there a few customers were in and out and the ammo was sitting on his table. Someone overheard me mention I had paid $5.99 per box for the ammo.

Within an hour several people called the Office asking if they had any $5 a box .223 ammo for sale? By the end of the day several people had stopped by and several others had called.

We are living in absolutely CRAZY times.

FN in MT
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  #83  
Old 02-25-2013, 02:50 PM
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Updated response to old post. Went to a gun show 2 weeks ago and they had some American Eagle .223 100qty for 90.00.. Smiled and walked by thinking this guy was nuts. On my way home I stopped at a local FF store and bought 2 boxes of same ammo for $35. Higher then previous purchase at same store but did not give up a kidney for it
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