GUNS/RLTD Report on ammo and coins (local flea market)

coalcracker

Veteran Member
Weekly flea market, Snyder County, central PA.

Coin guy wants $37 a piece for Morgans and Peace dollars. Wow! Didn't I just buy some of these for $18?

Ammo guy selling reloads. Sold out of 9mm in first hour. He had 50 boxes. I know since I bought 4 boxes. $15 for a box of 50 rounds. I didn't see anyone complaining about the price either. I also picked up some Winchester Super X slugs ($7 for box of 5). He still had some for each gauge.

It's becoming truly difficult to determine what constitutes a good price for ammo. These days I'd rather not wait for a better deal.
 

Warthog

Black Out
You could sure make some extra money right now with a nice progressive reloader. That's if you already had the supplies in hand.
 

SmithJ

Veteran Member
Weekly flea market, Snyder County, central PA.

Coin guy wants $37 a piece for Morgans and Peace dollars. Wow! Didn't I just buy some of these for $18?

Ammo guy selling reloads. Sold out of 9mm in first hour. He had 50 boxes. I know since I bought 4 boxes. $15 for a box of 50 rounds. I didn't see anyone complaining about the price either. I also picked up some Winchester Super X slugs ($7 for box of 5). He still had some for each gauge.

It's becoming truly difficult to determine what constitutes a good price for ammo. These days I'd rather not wait for a better deal.

I would not be shooting any flea market reloads!
 

1911user

Veteran Member
You could sure make some extra money right now with a nice progressive reloader. That's if you already had the supplies in hand.
How many would buy "flea market reloads"? People are not that desperate, yet.

You'd be better off selling the powder, primers, brass, and bullets seperately for others to reload their own ammo.
Reloading components are valuable and scarce, yet one thing you can make almost worthless by assembling them for anyone other than your own personal use.
 
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Con-tractor

The Mad in Genius
Isn't selling ammo without a license a big no-no from the ATF? I thought that guy that sold ammo to the Vegas nutjob got nailed pretty hard to the wall.
 

coalcracker

Veteran Member
I hear you, but this guy has his own business reloading.
Oh please! Beavertown isn't even in the running. The towns with joke potential in PA are:

Shy Beaver
Virginville
Intercourse

Yes, indeed. And let us not forget that painful place, Blue Ball, PA.

My smirky humor sees potential with a guy named "Minuteman" living in Beavertown... but the guy knows his reloading craft, and I wouldn't want to make him mad.:sh1:
 

Con-tractor

The Mad in Genius
Honestly, the only deals you can get right now is at Cabela's or Bass pro shops, you just need an inside man to put some ammo aside when a shipment gets in. Big stores won't price gouge but they sell out quick
 

1911user

Veteran Member
OP, the pricing was OK for these crazy days in the summer of 2020 and you now have some needed ammo in your possesion. I'd call that a win. SGA was selling new 9mm FMJ this evening for $440 per 1000 rounds and it sold out.... $15 per box for decent 9mm reloads is OK in comparison.
 

fi103r

Veteran Member
I never thought that I'd have to drop $220 dollars for 2000 rounds of .22lr and be happy that I got it.
yup when they have what you need and the supply chain is err, spotty you pays the tare or go away empty
or learn reloading (sorry on the .22, I’m sure data exists but, I’m not going there)
you managed to top the max per round of .22 I got stuck with a few years ago during the 0(zeroTM) regime
 

David Nettleton

Veteran Member
It has reached the point that you should consider getting what you need, that you can afford, when and where you can find it. Then don't worry about it any more.

("Need" is highly subjective, of course.)
", that you can afford," I am imagining running out during a siege. Bet a person could have afforded it had they known. All good points, Tristan.
 

SW357

Lord Swampbottom
I'll never understand why one must have Bird in Hand when one lives that close to Virginville...
 

20Gauge

TB Fanatic
Academy Sports in SE GA has all but gotten rid of their shelves for ammo. What was 10 shelves is now just one partial shelf. The shotgun is still full but it has bird shot.
 
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Millwright

Knuckle Dragger
_______________
Why is the Ammo Gone?

In the early stages of the COVID-19 lockdowns, the media began reporting on a surge in firearms sales across the United States. Fast forward to almost August, and everyone is asking “where did all the ammo go?” Online retailers are out of stock, you can't get rounds from big box stores, and what ammo is available is either limited in quantity or highly priced. According to reps in the ammo industry, demand right now is 10x higher than during the 2013 ammo shortage.
Certainly, you could shout “supply and demand” which is technically correct, but also a gross oversimplification of the answer. To understand why we're in an ammo shortage, we have to dig in to both sides of supply and demand. At the risk of putting the cart before the horse, the first aspect of the current crisis we want to examine is why the demand for ammo is so high.
In a phone interview with Mike Fisher, the VP of Sales and Marketing for Magtech, he pointed out that over the last few years, demand for ammo has been relatively flat. After the recovery from the 2013 crisis, and during the “Trump Slump,” the ammo market has been pretty stable. In 2018, the National Shooting Sports Foundation reported that the entire industry made 8.1 billion rounds of ammo, across all calibers and gauges.
Captain Jack Sparrow needs ammo too


WHY IS DEMAND SO HIGH?
But now, several unique factors are driving the increase in demand. The first, are the COVID-19 lockdowns. People started buying more guns, and when people buy more guns they also buy more ammo. That would have been fine, but then the civil unrest started. Nothing makes people more uncomfortable than seeing Starbucks on fire, so Americans did what Americans do: bought more guns and ammo. Add to that the fact that it's an election year anyway, and ammo sales always spike in an election year, and you've got historic levels of demand creating an ammo shortage.

Demand is also driven by the same psychological factors that caused the toilet paper shortage: hoarding. According to recent research (Sheu & Kuo, 2020) “hoarding stems from a human’s response, either rationally or emotionally, to scarcity, and so may occur on either the supply or the demand side. As argued by [other researchers], hoarding can be an overall response that involves a mix of a strategic, rational and emotional human responses (such as anxiety, panic and fear) to perceived threats to supply.” That's a smart person way of saying that when people think we're going to run out of ammo, they buy as much as they can and sit on it, which contributes to the scarcity by artificially inflating demand.
Another factor driving increased demand, and oddly higher prices as well are the huge numbers of new gun owners entering the market. The NSSF estimates that up to 40% of the guns sold this year have been to first time gun buyers. With sales at over 8 million guns and going strong, that's a lot of new owners buying guns. They're also buying ammo, but unlike people who have been doing this for a while, they have no idea what ammo is “supposed” to cost. To someone who moved to Texas from LA and now they want a gun, paying $25.99 for a box of 9mm seems reasonable, because that's just what it costs at the moment.

 

Millwright

Knuckle Dragger
_______________
Dealers experience gun, ammo shortage


A pandemic that slowed firearm and ammunition production, coupled with riots across the nation that spiked demand, has left some local gun store owners struggling to keep their shelves stocked.

"This is a multi-headed monster," Trader Bill's Materials Manager Philip Kastner said.


"As far as the ammo is concerned, the number one thing you have to have in order to make ammunition is raw materials, being lead and copper," Kastner said. "So all of the lead mines in the United States are in the state of Missouri; Missouri shut them down the first of March. All of the copper mines are in South America; South America shut them down in April. ... The lead mines are now open in Missouri, but getting copper for the casings is one of the choking points."

Lack of available ammunition due to the pandemic is just part of the problem, he said.

"The other problem is what happened a month ago with the riots," Kastner said. "COVID hurt the production side of the equation, but the riots spiked the demand side of the equation. So not only are you getting few products into the system, you have a huge demand on the retail side of the equation of people wanting to buy guns and ammunition to protect their houses and homes from rioting. Even though we don't have that problem in the state of Arkansas, you do have that problem everywhere else. And it has exhausted the pipeline of materials that is coming through."

He noted customers are currently buying things they normally wouldn't just because of the lack of options available at gun stores.

As for hunting season quickly approaching in the fall, he said his store is already starting to build inventory.


Having been in the business since 1983, Kastner said the only other time he has seen something similar to the current issue gun stores are facing was in 2012 after the Sandy Hook shooting.

"There was a huge run, but there was also production at that time," he said. "The difference in this situation is we're not getting anything in."

Even with lack of production, most gun stores are still able to carry a limited amount of guns and ammunition.

"We have handguns in stock; we have about a dozen, which normally we carry about 50 or 60 at least," Kastner said. "We have rifles; we have about a dozen, normally we carry about 100. We have ammunition; about 10% of what we normally stock. We get guns and ammo in every single day, and every single day we pretty much sell what we get in. You can't, as a consumer, be real picky. You have to kind of buy what you can get, and that's what people are doing."

Arego's Wholesale Guns Owner Roger Latsha said his store has been hit by this "twofold problem," as well.

"A lot of the manufacturers were closed for a few months, and then they opened up and had to social distance inside their plants, so maybe every other machine may work instead of all of them," Latsha said. "So their capacity is down below half and demand is up 400% because there's a huge shortage. ... All the rioting and things going on ... people are scared. And then when a shortage starts, anytime somebody thinks there's not going to be any they all run out to get some."

As ammunition shortage is nationwide and some stores aren't able to get any, he said it hasn't been easy to stock his store and they are having to limit their ammunition sales.

"I spend a lot of time on the phone begging and pleading for ammo," Latsha said. "Like all last week we hardly had any ammo, and then I got some in this week."


With shipments being so unpredictable, he said his store has also stopped allowing a customer waitlist.

"The manufacturers won't even give us expected ship dates anymore," he said.

Latsha said his message to buyers would be to "be patient and don't panic; they're still making it, but if they'd slow down on the demand a little bit everybody will get some."

Both Arego's and Trader Bill's said their business has been more non-locals than locals over the past few months.

Another local gun dealer, Mountain Valley Armory, declined to comment.

 

coalcracker

Veteran Member
Why the ammo shortage? Who is buying it?

"Concerned Americans.

Who can blame them? We’re living through a time of madness, craziness, upheaval, revolution. Our destiny is uncertain at best. So people prepare for the worst. One’s security – perhaps defense of country – is of utmost importance, so people shore up their preps in this regard. However the system can’t keep up. The ammo is gone. Guns too.

I really don’t know how long it might take for ammo manufacturers to catch up, and resupply to the extent of being somewhat “back to normal”. Concerned American Patriots will keep on scoffing up ammo as it becomes available. To what end?
I suppose it will keep happening until such time that those purchasing ammo feel “the threat” is diminished or over. Maybe that’s “if” Trump is victorious come November. Because the alternative outcome will surely continue to drain whatever is left of the supply chain for a very long time to come as the new Left Marxists will come for them. Heck, either way I don’t see this settling down for the foreseeable future.

Maybe these manufacturers can overcome this ammo shortage situation. But I’m not so sure about that…"

Ammo Shortage – It’s Gone – And I Mean Virtually Everywhere… - The Daily Coin
 

Dennis Olson

Chief Curmudgeon
_______________
Bear in mind that the vast majority of gun owners have about ONE BOX OF AMMO PER GUN.

The buying frenzy is primarily those people desperately trying to get more.
 

Anti-Liberal

Veteran Member
There's always these scrambles to get ammo when shortages happen. If you have a gun/s and you are security minded in the least little bit then you need to have a sizable amount stored away, even if you can buy only one box a month. Shortages happen every few years, you know they're gonna happen. It not that hard to do, I just don't get it. During the great .22 shortage I was able to get 50 rounds here and 100 there, now I got over 10K so I'm not affected at all. Not only that...I'm broke as hell right now but ammo isn't an issue. In fact, I've sold a few thousand rounds and three good rifles to pay bills and still have more than plenty defend myself and family if need be. It's a lifestyle.
 

20Gauge

TB Fanatic
Bear in mind that the vast majority of gun owners have about ONE BOX OF AMMO PER GUN.

The buying frenzy is primarily those people desperately trying to get more.
No kidding. It usually takes me about a year to get to the point where a new gun has enough ammo.
 

20Gauge

TB Fanatic
There's always these scrambles to get ammo when shortages happen. If you have a gun/s and you are security minded in the least little bit then you need to have a sizable amount stored away, even if you can buy only one box a month. Shortages happen every few years, you know they're gonna happen. It not that hard to do, I just don't get it. During the great .22 shortage I was able to get 50 rounds here and 100 there, now I got over 10K so I'm not affected at all. Not only that...I'm broke as hell right now but ammo isn't an issue. In fact, I've sold a few thousand rounds and three good rifles to pay bills and still have more than plenty defend myself and family if need be. It's a lifestyle.

I am kicking myself that I didn't actually buy the 2k boxes of 556 during the last black Friday. They were not a bad price then, but dirt cheap compared to now. Then they were about 28 cents per round.
 

CaryC

Has No Life - Lives on TB
During the big ZERO (O) administration, and I think it was after Sandy Hook, AR15's and ammo disappeared. When you could find an AR it was over 2000.00, some ads were in the 4000.00 range.

People knew when the truck ran at walmart, and would stand in line before it got there to buy some ammo. Mostly .22's.

9MM were going for 15.00 a box of 50. It's when I started reloading in earnest. Prices dropped back down and even got stupid low for AR's and a box of 9MM was 9.00. So I stopped reloading. Just bought the components. The difference in price between reloads and ready rolls wasn't enough to matter, and I didn't have to put out the effort. Did keep all the brass I shot up during that time.

Looks like we are back. And it doesn't matter what the reason is, it's all short on inventory, and you need to get all you can, can all you get.

If HOJO gets in, you haven't see high prices, yet.

Panic early, and that was a few months ago.
 

1911user

Veteran Member
It's not the flea market, it's the guy who happens to sell at a flea market. If he does good work, it doesn't matter if he sells it on the street corner.
I just used that term for reloaded ammo with no label or anything indicating who loaded it or how they loaded it; true mystery ammo. A good small commercial reloader will label their product and get more money for it assuming they have a good reputation for quality product.

Most are not to the point that they'll buy a plain, unlabeled ziplock bag with obviously reloaded ammo inside.
 
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