Thank you. What equipment do you use to reload the 44-40?
I found some 44-40 ammuntion where I live.
A box of 50 rounds, Magtech 44-40A .44-40 WIN L-FLAT, $38.27.
A box of 50 rounds, PATRON MAGTECH .44-40 WIN COWBOY 225 GRS LFN, $40.66.
Much cheaper than $75-150 per box, but still not really cheap I guess. And the question is whether the price will not be raised soon.
Equipment:
RCBS JR press (purchased used in 1973)
Ohaus 10-10 powder scale (purchased used in 1973)
Lachmiller powder measure (clearance sale 1974)
Redding case trimmer (clearance sale about 1980)
Dies (RCBS, Lyman, Lee, Hornady. About 25 sets on hand)
Manuals (Speer, Lyman, Sierra, Lee, half-dozen others)
Currently reloading for 22 rifle and handgun calibers including several obsolete 19th Century calibers. Whenever I have added a new caliber I always order a set of dies and a bullet mold.
I don't think any of my reloading stuff owes me a dime. I own 3 antique rifles for which factory ammo has not been available since WW2, but I'm still using them. I have a couple of modern rifles (within the past 50 years) that have never been fired with factory ammo. 2 sons and 9 grandchildren, none of whom understand what factory ammo is; when they run out they send their brass to Grampa's house for reloading.
I last purchased factory .38 Special ammo in 1982: I needed a fresh supply for my duty revolver. Competed several years in PPC matches, 3000-plus rounds per season all produced at home.
I cast bullets several times per year, usually 1500 to 3000 at a time (about 4 or 5 hours). I reload most handgun calibers in batches of 1000 rounds, most rifle calibers in batches of 100 or 200. Instead of watching silly TV shows I spend a few hours at the bench, working in stages of sizing, priming, case mouth prep, then drop powder and seat bullets.
For those calibers I shoot regularly my ammo stash seldom drops below 500-1000 rounds before I start producing more. Producing ammunition has become a part of the whole shooting hobby, and I enjoy it as much as my time on the range or in the woods.
The prices you mentioned for .44-40 ammo are lower than I've seen in years. I would buy it all, then sell any excess on GunBroker and double my money in a couple of weeks! Lots of people looking for .44-40, .32-20, .25-20, .300 Savage, .45 Colt, .30-40, and a dozen others that used to be commonly available but now found very seldom at any price. A commonly heard euphemism for ammo and components is "unobtainium". Old buddy of mine (now close to 90) has hunted with a .30 Remington for many years, couple of years ago needed some ammo which I found on-line at a shop in Florida, purchased 3 boxes (60 rounds) for $220 shipped, and my buddy was very happy to get it.
A better comparison: Spend $300 on a basic reloading set-up and .44-40 dies, find 100 rounds of brass at $1 each, total $400. Reload those cases 10 times and you have recovered your investment. With the cost of primers, powder, and bullets (figure 15 cents per round) another 2 boxes produced will put you at zero, after which you are shooting for $7.50 per box or so.
Shoot 200 rounds (4 boxes) per year for 10 years, your total cost will be $700 ($400 equipment, $300 components) compared to $1600 for factory ammo.
If you enjoy shooting 200 rounds per year is a very low target.
The more you enjoy shooting the more you will save over the long haul. Not to mention becoming free of the ammo shortages and crises every few years; you'll still be shooting while your friends are crying about ammo being unavailable.