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Yep they're tracers being red tipped I would say they are M1 Tracers originally for the 30-06 , later US 30 cal Tracers post WWII have orange tips. The weight is wrong for a US Tracer though so I am going to guess that these are from a foreign source since the several NATO countries loaded 7.62 NATO with 144 grain bullets instead of 147 or 150 grain.
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