New primer prices

[DeplorabusUnum]

They must have gone fast. As of 5pm, only thing showing available is 50BMG primers. Heck, at this point, I'd gladly pay $60/1K and be grateful!

One morning I opened the email notification from Midway that they had primers in stock 7 minutes after they sent it. I immediately logged on to buy some, and they were already gone. It's automated buying programs cleaning out the supply. Probably the primers showing up at gun shows for $500 a brick.

 

[Gamecock]

...price $60 per 1000. I'm super disappointed in Midway. I never thought they would engage in gouging.

What is their cost of replacement?

 

[Eddie Southgate]

What is their cost of replacement?

Likely not any more than it was a year ago.

 

[Racer X]

I have never gotten a back in stock e-mail out of about a hundred notices I have signed up for a year ago.

I wonder if employees are snapping all the primers up.

 

[CH4]

We just drove through Centralia this morning/afternoon on the way to St Helens, OR. We had no idea there was a show.

If I hadn't heard about it at my LGS, I wouldn't have known either.
Saturday was packed, but Sunday the crowd was very light. The folks selling ammo and primers were holding firm on their silly prices. Not sure what kind of sales they had, but I didn't see much movement. Looked like many sellers had dug deep into their personal Caches.

 

[jc2721]

I sold a brick of small rifle primers that I did not need on a local board this past weekend and used the proceeds to buy the last 4 pounds of Unique at my favorite LGS this afternoon. The only other pistol powders they had in stock was H110 and Herco, both of which I don't use.

I've noticed over the past few weeks that the most popular powders were selling out rather quickly so I took a calculated risk and sold off primers that I wasn't using to buy a good amount of powder that I do use (the risk was that the LGS would still have some powder today).

Generally I don't like to be "that guy" but lately it's every man for himself when it comes to ammo and reloading components.

Overall I think I came out $10 ahead on the whole deal.

 

[Gamecock]

Likely not any more than it was a year ago.

So you don't actually know.

 

[teletech]

I just figure that if you believe in capitalism, then you roll with the punches.
Sure, there are opportunists out there and that some of them will make a killing and some will take a bath. Locally with show prices being $200/brick, if somebody who planned ahead and bought back when they were $20/brick wants to clear off a shelf, so be it. It might actually help "flatten the curve" of pricing and reward that person for thinking ahead. Similarly, if some person thinks they are going to stay high and stocks up now when prices are unsustainable, well I just see that as a good chance I'll see a price glut in a few years and it will be a great time to stock up.

As for me, I took a dozen bricks off the shelf and sold them for a lot more than I paid, but well under show prices and decided I'd just shoot .22 until primers got back to normal. The folks who bought my primers did so of their own free will and were delighted to get them for any price and without waiting in line for hours. Me, well I bought a nice Hammerli with the proceeds so it's smiles all around!
If I run out of .22, then I figure I'm out of luck and it's my own darn fault for not buying more when it was available.
Will $50 be the new normal for primers after this is all over? Only time will tell.

 

[DeplorabusUnum]

What is their cost of replacement?

I doubt seriously if they have doubled in the last 3 months.

 

[Gamecock]

Please, if you are going to impugn Larry Potterfield, do it with facts, not speculation.

 

[Professor Frink]

Just last evening, I got an email from FEDARM (never heard of them before) that they had Fort Smith SPP in stock. I quickly clicked the link. 5000 bulk pack, for a whopping $1,999.00! I chose not to buy, as of this morning, they are sold out.

I'm posting the link just because.

'Fort Smith' (FSAAP) Small Pistol Boxer Primers | FedArm

 

[Engineer1911]

Simple advice from the engineering library: "If you don't like the price, don't buy the product."

In early January 2020, I bought Remington 22 LR Target ammo for $26 per brick from MidwayUSA. Included in that flyer sale was Aquila 22 LR ammo for $200 for 5K case. At current prices at MidwayUSA, I don't thick Larry is a gouger because he is buying inventory at current high wholesale prices -- maybe. If he sells per auction site prices, that eliminates the gouger from going to the auction site.

I didn't buy 22 LR bricks for $65 during the Obama era and I won't buy them now.

 

[Eddie Southgate]

So you don't actually know.

Nope , no more or less than you do.

 

[Road_Clam]

My LGS received 200 bricks of CCI SPP's . $90 / brick . Strict 1 brick limit per person. People were lined up in the parking lot 2 hrs prior to the store opening. Sold out in 2 hrs . So this tells me that people are STILL in a buying panic mode, thus prices will never decline. Not me. I'm sitting cozy on about 96,000 misc primers that I bought during the 2017- 2018 calm buyers market.

 

[Dragonwing]

Here in the Spokane, WA area we are trading 2lbs of powder for 1K primers and 1lb of powder for 500 primers. Seems to be the going rate in this area.

 

[The Norseman]

300 a Lucky Number

Couldn't pass these up. 3 cents/primer. I keep saying I'm not
going to buy any more.

 

[9mmPatriot]

Stopped by a small gun store that I purchased a 9mm Shield from previously. Love supporting the smaller businesses whenever possible, but after seeing their price of $12.99 a tray of small pistol primers I'm going to spend my money at the big-box stores. I looked at the counter guy and simply said "Seriously?". His response was "either buy them or don't."


So....still looking for sane prices.

 

[typetwelve]

Stopped by a small gun store that I purchased a 9mm Shield from previously. Love supporting the smaller businesses whenever possible, but after seeing their price of $12.99 a tray of small pistol primers I'm going to spend my money at the big-box stores. I looked at the counter guy and simply said "Seriously?". His response was "either buy them or don't."


So....still looking for sane prices.

My local watering hole, a small shop, was selling me 100 trays of primers for $5/per. I thought that in these times, that was ok. Unless I become completely desperate (which I am not), I refuse to pay more than $50/case for primers.

I kept on buying the max 200/visit for a few months, then that went to 100/visit. About a month ago, I went in and asked for my typical 100 lot. His reply:

"Well, you're not going to like this but we had to take the price to $15/tray."

I told him thanks, but never mind. He just kinda stood there for a second.

"Don't you want the tray?"

"Nope."

I won't pay $150/case for primers...ever. I'll find a new hobby before I give into that stupidity.

 

[CH4]

At this time I refuse to pay more than $5 per 100. If the dust doesn't settle on this issue, I probably have enough to last the remainder of my life time. I am just cruising along buying ammo and components when I find decent deals.

 

[DeplorabusUnum]

Please, if you are going to impugn Larry Potterfield, do it with facts, not speculation.

I'll further speculate that Larry Potterfield didn't set the price at $60 for a brick of primers.