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Speculation ammo buying?
Firedude7
Member Posts: 3 ✭
Is anyone out there picking up ammo with the thoughts of reselling or trading at a higher value?
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Comments
What ammo?
NO!
I do check ammo at the stores that carry it, and just laugh. The retail prices of a buck a round for 5.56 and empty shelves of other calibers makes me happy knowing I have been loading my own for over 50 years.
I will keep what I have and refuse to participate in the panic, selling or buying.
It has slowed down my AR shooting but not pistol. I have enough loaded along with lots of powder and adequate primers for several years of active shooting. As a matter of fact today is a good day to go cast a few thousand bullets in the work shed.
No. Why would anyone buy ammo now?? Unless there is a real need this is a terrible time to buy ammo. Give it a few months and the prices will come back down just like every other time this has happened.
Same thing happened when Obama was elected. If people had any self control, the scalpers would be out of business in a short order. We live in a society of me-ism, and gotta-have-it now, so here we are again.
I have given some, but I’ll never sell.
Slim margin now. Had you the fore sight to buy 2 years ago you would be cashing in now. May still work but buying above MSRP with the expectation of selling at a profit is risky. If supply catches up (if) before you can sell at a profit you'll be selling at a loss of shooting up your investment.
First understand this, I don't not sell any ammo so I can't be called a scalper.
High and unreasonable prices are not the fault of the "scalper".
The buyer that continues to buy at highly over inflated prices is just as much fault as anyone.
Last I checked there is a saying about free enterprise.
2 cents.
If you keep paying it,they will keep charging it.
I bought a whole bunch of ammo about a month ago, 20 boxes or so of mixed chamberings, some of which I had a use for, and some not. I listed the stuff I didn't need on the auction side, starting at $0. When it was all said and done, I was able to keep what I wanted for free, and had an extra $200 in my pocket. Call me a scalper if you'd like, or worse, for selling at high prices, but I don't set them, the market does.
I agree with you but at the same time if the local gas station or toilet paper retailer does the same thing with their products there is a great uproar and gnashing of teeth. I am glad I have no dog in this fight (except for that pesky 17hmr) and can just sit back and watch. If this shortage abates, how many will forget and not be prepared for the next one? Bob
I don't see it much different than quite a few other items Bob. When the market is good, people sell gold/silver, stocks/bonds, houses and many other things to make some extra cash if they can afford it. With the amount of ammo and reloading supplies I have, I can't honestly think that I will ever use all of it. I don't sell it all though, I recently donated 2 cases of trap loads to our local club for the junior league, gave 3 boxes of 308 ammo to a kid for his first elk hunt and also gave some 38 special to a first time gun owner....Someone has to help people spend their stimulus money.
Although I hate to see price gouging, shouldn't people be able to say I want X number of rounds of Y ammo, and I would rather pay high rates than have no ammo at all?
I don't have a problem with anything anyone is selling on Gunbroker, hell that's what the site is for, to connect buyers/sellers.
I do have a problem with the folks standing in wait of an ammo delivery at ( XXX sporting goods) with the sole intent of resale. I doubt that half of these people even own a gun. As I mentioned before, patience is the only thing that will make this thing go away.
Welcome to the forum!😎
If you start an auction at one penny it is not gouging if people bid it up. That is what I have been doing with my bullets. I had no intention of selling but when people are paying what they are now why not sell. I have plenty and if I need more I will buy more in a few months.
Free market , items are worth what folks are willing to pay.
I am new to Gun Broker and brand new to the forums. Thank you for sharing your thoughts. I appreciate a wide range of views discussed without outrage. I guess it tends to re-enforce the idea that an armed society is a polite society.
Welcome to the forum.
I don't think so.9mm Luger is over 1.20 a round now. Really not worth it. Free market is gone to piracy at this time.
serf
What will it bring on the Black Market?
Agree with starting an auction at 0 and the bidders sets the final price.
The bidders are doing the self scalping.
Black market, will be set in motion by some of the POS legislators that the "majority" have elected into office.
I have an inventory for personal use . If someone wants to pay me two to three times what I paid I will sell and not shoot as much or reload . It’s not scalping in any other market to sell at a profit .
i buy to hold this isnt your everyday crises and i have been thru all of them
Also holding here...........not buying.
.
If I go to a store and if they have ammo at a decent price I might buy some but I stocked up years ago pre panic and will never need what I have
If you look you will see the prices being paid for 9mm ball is around .75 to .90 per round on the auction side so the prices are starting to come down.
Reading some news on an ammo co. One says the have 180 million backorders to fill in the 3rd quarter. No wonder we don't have ammo now.
Another year and things should calm down.
"Another year and things should calm down."
Another year! I've got things that need shooted right now, dammit!
😁
Just keep your wallet open, wide open. Or watch for the BIG giveaway Ricci might be having soon on a case of 9MM.
have seen some retailers with online sales getting some supplies in for the 1st time in months, prices up, maybe not as high as previous. quantity available not great, but interesting.
It is still out there’s for less than that. Local gun store had it for .65 cents/rd over the weekend...Bass Pro had some for 129.99 for 500 rds a couple weeks ago when I was there..
I've been doing inventory during this cold weather. When you pick up a cardboard box of ammo with one hand and say "There's $700", you gotta know there's a problem.
All I'm reading is the same stuff I read 7 or 8 years ago, or even 12 years ago:
Powder & Primers Prices — GunBroker.com Member Forums
stop the bidding wars — GunBroker.com Member Forums
Ammunition Supplies — GunBroker.com Member Forums
There are dozens more on the exact same topic.
I'm bored. Entertain me with something new; otherwise we're done with all discussions of ammo prices.