Have ammo prices finally topped out?

Chukar60

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I have been watching local private party ammo ads.
9mm is $500-$550 per 1000 asking price
223 bulk is from .55 a round to .70 asking price.
For the most part it is not selling.
Two weeks ago it was moving but not briskly.
I am thinking that barring another national crisis event it will start to drop gradually.
I don't know if the sellers are profiteers or folks who have figured out they over bought in the panic.
Anyone else seeing similar in their local area?
 
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Supply and Demand. As long as someone willing to pay that price, it will stay up. I think there is still a lot of pent up demand. Speaking from Kenosha area, they are panicking and buying up everything and anything.

Saddest thing was watching a elderly couple last Saturday. I would guess late 70s. She is in a walker and they are shopping for a long gun. He was looking at a 12 ga pump with a 26" barrel. He can barely pull it up. I am sure he was buying because of the unrest.


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I have been watching local private party ammo ads.
9mm is $500-$550 per 1000 asking price
223 bulk is from .55 a round to .70 asking price.
For the most part it is not selling.
Two weeks ago it was moving but not briskly.
I am thinking that barring another national crisis event it will start to drop gradually.
I don't know if the sellers are profiteers or folks who have figured out they over bought in the panic.
Anyone else seeing similar in their local area?

IF anybody around here was selling 9mm at that price if would be sold in a hot minute.
 
Lot of people who are making large profits saw this coming plus the hoarder mindset has taken over the general population.
 
9mm is $500-$550 per 1000 asking price
IF anybody around here was selling 9mm at that price if would be sold in a hot minute.
Yep. In order to help pay for August's 3 new acquisitions and to help replenish the Gun Fund just a little, I very reluctantly decided to put a quantity of 9mm range ammo up for sale on a local board. It sold out in 2 hours at $50/100. I guess it was considered a good deal because others were asking $60/100. Now, I am deep into seller's remorse and vowing to revamp my ammo spreadsheet format as it turned out that I had less 9mm ammo to spare than I thought I did. :eek: Oh boy! :(

Very bad decision on my part. :(
 
I see up to $700 for a 1000 round case of 9mm in my area. All are trying to sell quantities versus 2-3 boxes. I did a nice deal yesterday picking up 1000 rounds 9mm trading 223 and 556. Pretty crazy prices.
 
My feeling is that a week or a few days prior to Election Day the prices will spike even more.

yup - 100% agree
being a measure twice - cut once kinda guy who prepares for the worse and prays for the best........

Mid October thru mid Nov has potential for heightened turmoil.

Having proper resources secured and at home should be a priority for all.

Food - water - fuel - ammo - $$ - back up generator -hygiene products - radios, ect.....everything that you would need in the event of having to settle in for a short period of time.

Neighbor 2 houses down (good buddy) said that I'm fear mongering , and will later ask and take notes on what essentials to have at home. :)
:cool::D;)
 
...
Having proper resources secured and at home should be a priority for all.

Food - water - fuel - ammo - $$ - back up generator -hygiene products - radios, ect.....everything that you would need in the event of having to settle in for a short period of time.
...

Yep. Even if they don't riot in your town, widespread rioting has the potential to cripple the supply chain.

Side note on ammo. 9mm in the LGS's here is going for $25/box if you can find it. I've been able to consistently pick 9mm brass case ammo online for $12/box in case lots. When you decide you need it, you need to look for it a couple times a day. It sells out fast.

I've had my best luck with BassPro Herter's ammo. Probably see it available online every couple weeks or so. This week I picked up 1,000 rounds of MagTech from Brownells at $12/box. You have to look often and buy it when you see it.
 
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Local shop across the state line advertise their 9mm on Facebook ad for $30/50 rounds and they sell out.

My local shop said the price at a gun show locally last weekend had the priced at $50/50.

Going higher than I ever expected.


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As long as the shelves are bare, the prices will remain high. I doubt we've seen the worst of it yet.

So many online vendors are completely out of practically everything. It won't be getting better for quite some time. Count on it!
 

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