In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
Ammunition
nutfinn
Member Posts: 12,808 ✭✭✭
I never thought I would be selling ammo at 10 times what I paid for it - Crazy times we are living. Fortunately I was prepared this time and had plenty at hand ;)
Comments
I took a peek at .410 shells online today. Never in my lifetime would ammunition get that expensive. I checked the inventory and I am at close to 6 cases I purchased for 6 dollar a box.
Like these, paid $200 per 1000 round case. I know they are different, but still.
Dude, you got it backwards, the American way of investment is "buy high, sell low." If you aren't careful you might make a profit.
I feel like you have to sell at these prices . It’s made of lead brass and gunpowder . Keep enough to fight a small war and sell the excess . Usually when things sell for 3 times the manufacturing cost someone else starts making them and prices eventually come
back down .
I just have to compliment our local gun shop, Honey Lake Firearms here in Susanville, Ca. Jeff hasn't raised his prices one cent - that I know of. 100 rounds of 9MM Winchester for $29.00. The powder is marked from about $23.00 to $29.00 per pound depending on brand and number. The selection is pretty good too. Primers were sold out but he still had a good selection of bullets, all priced reasonably, about like a year ago. Pistols were sold out, but he had a nice selection of revolvers.
Our best local dealer has held the line on prices also . Most items still normally priced , powder $19 to 29 a lb. no primers . Shotgun shells still normal price . Rifle and pistol ammo availability is spotty but he has increased price by about 10% to cover his increase wholesale cost. He says folks will remember who took advantage of them in years to come .
I took some for Kasey to sell too :)
I could make a few dollars but I'll just keep what I have as long as I have a gun to shoot it out of.
I think you have it wrong Dale, it's the dumbocrats way of spending money...
I see the prices and think, wow, I could make a good chunk of change. Next thought is, wow, I could be needing every round somewhere down the road when the dollar is worthless, barter is the only means of obtaining necessities and protection/safety is a daily struggle.
+1
Susie nailed it.
I know a lot of people here dislike WalMart but I was in there yesterday and got a few boxes of CCI Stingers at the normal price of $6.78/50 rounds and a few 125 round milk cartons of CCI 22 Maxi-Mag at $23 each. They had about 12-15 of each and no limit sign that I could see. Sure did not need them but I looked on GB when I got home and....well, you can see for yourself. Insane.
Many first time buyers who have no clue what a normal price is for ammo are paying exponentially higher prices and still thanking the seller for the good deal.
As for people remembering later who charged the high prices and punishing them, this has not been the case in the last few ammo panics.
My Great Grampa told me during the great depression only two items that were real valuable...ammunition and liquor. He was a very large German. I recall when they incorporated his farm into a city I was standing with him when he would shoot starlings out of his cherry trees. The city police came cause someone seen him. Well the cops get out of their car and ask him what he was doing? Pappy had his 16 gauge in hand. He said what does it look like... and took a spat with his chewing tobacco . The one officer told him he couldn't shoot his gun in the city. Pappy turned around and splattered another starling with the shotgun and the officers looked at each other and left. Never to return.
I wouldn't be a bit surprised to see the democrats going after ammo with newer taxes or fees and forcing people to go through the process to purchase ammo that California now requires. If they can't restrict guns they will go after the ammo and the components to make it since guns are useless without it.
I totally agree. If you cut off the snakes head it is useless.
I guess I look at things a bit different. I think that things will calm down after a bit, and if not, I can load many thousands of rounds for the price I have sold a few hundred...
Hate to mention it but hang on for a major mass shooting event in the next few months.
I have never sold ammo on GB and would like to sell some excess ammo. Who do most use, FedEx or UPS and why? do most ship ground or is that what you have do use? And, do you have to do that hazmat training i read about to sell ammo? seems way more complicated than selling a firearm here.
Have to ground, I use UPS.
Ammo is easy to sell and ship, for most anyway. It just needs to be properly labeled, and shipped from a hub location, not a franchised outlet. Here is a good tutorial on it from one of the mods:
https://forums.gunbroker.com/discussion/1800878/shipping-ammunition-firearms-hazmat#latest
No hazmat worries on loaded ammo.....just primers and powder require that. Keep in mind that UPS has hidden fees on their shipping that you will not see until after the package is delivered. If you send a box somewhere and the label shows $13 to create an upcharge will later show up on your account as an adjustment once the package is delivered. The call it fuel surcharges or residential delivery fees, which is nonsense and why I dread dealing with them.
Correct, as long as it has the correct ORM-D placarding. I bought some ammo last march right here on GB. The guy shipped it "Ground" alright. Regular old Ground, which often takes to the air. I knew something was up as I watched the tracking from Maine to the west coast. It made it from someplace in Massachusetts to Spokane Washington in 42 hours.😯. Sure enough when the stuff showed up, it just had regular ground labeling, with no ORM-D placarding what-so-ever. This was not John Q. Homeowner either, this was a commercial ammunition seller pushing the envelope.
ORM-D is no longer allowed as of 1/1/2021. You need to use the consumer commodity, white/black triangle now..
https://forums.gunbroker.com/discussion/1897228/orm-d-classification-change-to-limited-quantity-effective-january-1-2021%E2%80%8B#latest
I'm not selling anything.
Yup.
About ammo prices coming back down.
If biden-harris ban the importation of ammo........
I have spent the last few months thinning guns & ammo that I find no use for. Casey helped liquidate over 50 guns herself. I am neither getting younger or shooting more. When I look around and see ammunition I have had for years,, and much I no longer have a gun for and other people wanting to shoot, then it is time for it to go. I quit reloading last year , sold all my presses, dies & accessories. I have put it on the auction side, most start at a Penney and bidders set the price. I have sold over 75lbs of various types of powders & primers locally. Funny thing, I still have all I need and haven't missed a thing. I hear people daily talking about how much ammo & reloading supplies they have stocked, and I wonder, will they ever use it.
CLAYS, I am with you on that. I sold my two local shops, who are friends with me over two dozen firearms and a bunch of ammo and still ok. I am NOT getting younger either and I accumulated a lot of firearms that I will never use. My son is in good shape now so that takes care of my end. IF something drastic does happen, like what are people really going to do? Hoards would be fleeing the cities and a single unit of people would not stand a chance.
I have enough supply to do over 11000 rounds of ammo . Should keep me for a while . . Right now I’m limiting my shooting as components are hard to come by . May need them for trade goods down the road
The thing is that ammo, all ammo, even if you may not have a firearm chambered for it, is good for trade in a crisis.