I never thought it would get this crazy.

[Muddyboot]

I was checking prices for .380 ammo on Gunbroker a short time ago. Someone has bid 698.00 and 800.00 dollars for 1000 rounds of PMC and Winchester White box .380 ammo. I do not know what to say.

 

[Muddyboot]

I was checking prices for .380 ammo on Gunbroker a short time ago. Someone has bid 698.00 and 800.00 dollars for 1000 rounds of PMC and Winchester White box .380 ammo. I do not know what to say.

 

[Wheelgunner840]

It is greedy people taking advantage of an insane world at this point.

WG840

 

[Double-O-Dave]

I was at a gun store today and asked if they had any small pistol primers (I've been looking for some for a couple of months now). The clerk said "yes", and I asked if I could buy 1000 of them. The clerk said "1000 is all I'll sell to you." I said that was fine, and that 1000 primers would last me a while. The clerk said I was the first customer in some time that was understanding and cooperative about the primer sale limit, and that a lot of customers who wanted to buy more were thrown out after cussing out the clerks. I don't know about you, but walking into a gun store and cussing ANYONE in there to me sounds like a very bad idea.

Regards,

Dave

 

[Muddyboot]

It is greedy people taking advantage of an insane world at this point.

WG840

But who decided to pay such an insane price. Why would you go there, common since has now left the building.

 

[Firehouse]

While I normally agree with most things Wheelgunner840 has to say, I must respectfully disagree a little with his last assessment. The idea that someone has bid an exorbitantly high price for some ammo doesn't fall back on the seller at this point. If I start an auction at a reasonable starting point, and the bidders drive the bids that high I'm no longer greedy, the bidders are foolish. Just my opinion. Love ya Wheelgun!

 

[USAF385]

I haven't gotten into gunbroker. I didn't realize they have ammo for auction. If its worth it maybe I'll check it out.

 

[Jack Flash]

Originally posted by Double-O-Dave:
... a lot of customers who wanted to buy more were thrown out after cussing out the clerks. I don't know about you, but walking into a gun store and cussing ANYONE in there to me sounds like a very bad idea...

A person should remember their manners wherever they are. A few of the clerks at my local gun shops are a little, uh, uniformed, and some are borderline rude, but I would hate to get kicked out of either store, as the next closest is quite a drive. It's always a good idea to think before you speak.

 

[Racegunner]

Originally posted by USAF385:
I haven't gotten into gunbroker. I didn't realize they have ammo for auction. If its worth it maybe I'll check it out.

Don't bother. It's not any better than buying from Cheaper than dirt in most cases. And don't forget about the ridiculous shipping fees...

 

[USAF385]

Originally posted by Racegunner:

Originally posted by USAF385:
I haven't gotten into gunbroker. I didn't realize they have ammo for auction. If its worth it maybe I'll check it out.

Don't bother. It's not any better than buying from Cheaper than dirt in most cases. And don't forget about the ridiculous shipping fees...

Thanks for the heads up!

 

[Wheelgunner840]

Originally posted by Firehouse:
While I normally agree with most things Wheelgunner840 has to say, I must respectfully disagree a little with his last assessment. The idea that someone has bid an exorbitantly high price for some ammo doesn't fall back on the seller at this point. If I start an auction at a reasonable starting point, and the bidders drive the bids that high I'm no longer greedy, the bidders are foolish. Just my opinion. Love ya Wheelgun!

Agreed, if the ammo was started off at a reasonable price. The seller really has no say in people bidding up any auction.

I was thinking more of a dealer, or distributor (or seller on an auction whose starting price is astronomical) who is looking to grab a much inflated price based soley on the current shortages and buying frenzy. I, for the life of me, cannot understand how .45ACP ammo (Speer, Federal HS, Rem. GS, etc.) can go for a buck a round in the local gunshop.

I suppose one could say that it is still ,at this point, a free world, and that people are not being forced to either bid on an auction, or buy overpriced ammo at a gun store. My point is that some people seem to be price gouging because supplies are down and people are getting desperate.

Sometimes "anything goes to make the biggest profit possible" seems a bit unethical to me. Whether or not that starts at the top with the manufacturer, in the middle with the distributor, or at the end at retail, it just seems wrong to take advantage of a bad situation by jacking up the price of ammo just because you can.

I will admit that my initial post was a bit harsh, and I probably could have worded it differently. I am still reeling over this "Al Frankenlib" baloney. I'll cool off by tomorrow I hope!

WG840

 

[oldRoger]

I agree with Firehouse, IMO greed is not the proper word. There is a clear market mechanism going on here. I would expect that others with .380 ammunition will put it on the market to sell at this price, when that happens the price will start to come down until equilibrium is reached.
Unfortunately primers are cheap enough and easy enough to store that people seemingly will buy very large quantities. I have been told that people who normally buy in quantities of a thousand are now ordering 5000 or 25000.
I normally order 3000 of LP and 1000 of SP at a time with powder to cut down on the affect of the HazMat charge.
Now I have to increase order size to be certain I don’t run out. Since the supply is limited due to production restraints, the cumulative affect of us all raising our order quantities is either the price has to go up until some of us quit buying or rationing is put in place.
Some suggest that manufacturers should ramp up production, buy more facilities etc. I just ask those people if they would invest in anything connected with firearm and ammunition production as long as the current crowd is in the Whitehouse & Congress.

 

[Wickahoney]

I usually have quite a few on hand. It has more to do with living in a rural area and being so cheap that when I find stuff on sale I usually buy a bunch of "whatever" if I think I'll ever need or use it.

Cousin Wayne called from Boise on Saturday from the Gun Show and wanted to know if I had any primers to sell?

Not really but a count did show that the likelyhood I'ds use 7000+ Mag Rifle primers in the next few years were pretty slim. The vast majority of my shooting is with small rifle BR or large rifle BR primers any more. With 200 loaded rounds of 7mm STW and 200 rounds of 338 Win Mag on hand I probably have the "mag rifle" need filled for a few years.

Cousin Wayne came down and picked up 5000 and took them to the show on Sunday and put them on a friends table. The first person asked for a price and if he could buy all 5000. They settled on $58.50 per thousand and the guy bought them all.

I know I paid less than $20 per thousand for them some years back.

I'm thinking I might just go into the component business!!!

RWT

 

[rburg]

Someone once wrote an article that he liked anything in case lot quantities. I tend to agree with that. Our grocery shopping for decades has revolved around us buying in quantity. We by cases of TP, paper towels, or anything bulky. Not just to save money but for the convenience of it. If it lasts, buy big. Make one inconvenient trip to Sam's, fill the vehicle, and forget about it for months on end.

Why should ammo (heavy) or components be any different?

I've got some .455 ammo in the basement. I paid dearly for it because it was scarce when I wanted it. I don't currently have a .455, so I'd sell it. The first person to offer me $100 a box will own it. But I won't bother carrying it to a gunshow because its too much bother.

 

[handejector]

We have been through this before.
Remember Y2K?
Remember the assault weapons ban?

If everyone would calm down for 30 days, and stop buying, you will see the market "correct itself".

Supply and Demand, people, Supply and Demand. It rules the market. Always has, always will.

 

[mississippi revolverman]

I agree with the point of understanding the clerk when the store as limited purchases. Before a hurricane here in south Florida my local gas station "home office" had limited the pumps to $25 max. I saw an irrate Broward Deputy dress down the clerk on the limit.

His reply. " Not my doing home office. You can buy $25 as many times as you want don't think any body in line will object to the patrol car and gun"

 

[VAdoublegunner]

Yep, it is sort of funny to watch, especially for those who always kept plenty of supplies. It suprises me that so many were caught unprepared for handloading components and ammo.

It reminds me of my brother (a liberal, the blacksheep in the family

) who said after 9/11 "I can't find an American flag anywhere, everyone is sold out!" to which my youngest brother and I responded, almost simultaneously, "You mean you don't already have several????"

 

[GatorFarmer]

I swapped my Bersa out for a 9mm ADC derringer (new in case). Guess I came out ahead on that one afterall.

Honestly, I'd buy a different gun before I paid that much for .380.

 

[Muddyboot]

I guess I dont't get 800.00 dollars for a thousand rounds of .380...Unlimited funds? madness

or just a real disire to have what you want right now, and cost be damn. I think I'll wait to buy when this all slows down.

 

[SIG229fan]

If everyone would calm down for 30 days, and stop buying, you will see the market "correct itself".

Well, there you have it. Please listen and remember...and stop this ludicrous charge that 'greed' is driving the market. If you own a business selling ammo, you *must* take into account what it will cost to replace your inventory.

Otherwise, you don't have ammo to sell.

Get it?