Cooling of demand in firearms industry

[Lennie]

This offer is very telling of a dropping demand

https://palmettostatearmory.com/200rds-of-pmc-x-tac-62gr-lap-5-56-ammo-10-magpul-pmag-30rd-5-56-magazines.html?utm_medium=email&utm_source=daily_deals&utm_campaign=20210709&utm_term=afternoon&utm_content=KIT-0424

And this week, I purchased 1000 pieces of new Starline 357 brass delivered for 161.00

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[RVTECH]

Is a $1 a round 'tell tail' of dropping demand?

I mean what was it before this?

 

[Kruel J]

Is a $1 a round 'tell tail' of dropping demand?

I mean what was it before this?

The 10 PMags are worth about $120. That makes the 200 rounds of green tips $80 or .40/cpr. That's pre-panic pricing roughly.

 

[Lennie]

Is a $1 a round 'tell tail' of dropping demand?

I mean what was it before this?

Yes, but the 200 rounds come with ten 30 round magpul magazines.

 

[66PonyCar]

MIdway USA is selling 10 PMags for $99.99 right now, so $0.50/rd on the ammo.

 

[Certaindeaf]

Primers are generally around $100/K in the classifieds now, they were $2-300?

 

[RVTECH]

Yes, but the 200 rounds come with ten 30 round magpul magazines.

Oh man ! I overlooked that part ! Well then, a very good deal !

 

[Mike7b]

Ten thirty round magpul magazines, that's like 10 felonies right there. If bidet gets his way.

 

[RVTECH]

If bidet gets his way.

Bidet can go stick his HEAD in a bidet !

 

[JustSomeGuy]

Maybe it's just me, but why didn't they add an additional hundred rounds so you could at least fill all of the magazines you just bought?

 

[ZA_Survivalist]

Ammo and AR firearms kits have not only came back but dropped in price. I think everyone slapped a bunch on their credit cards and stocked up during the covid panic.

 

[RVTECH]

Maybe it's just me, but why didn't they add an additional hundred rounds so you could at least fill all of the magazines you just bought?

Good question to field to them - heck, email and ask them.

 

[JustSomeGuy]

Good question to field to them - heck, email and ask them.

If I were in the market for either AR magazines or the ammo to stuff them with, I would probably do just that.

 

[CLT65]

It's nice to see; I'll be glad when the store shelves are stocked with ammo again. As to prices, I wonder if we've reached parity in retail store prices vs. flipper prices. When BiMart gets ammo on the shelves, the prices have been creeping up very steadily.

I knew this was headed this way. A sign for me was helping a friend sell some ammo. He had an extra 500 rounds of 9mm he wanted to let go, and doesn't do internet, so I put it on here for him. We ended up at $24 per box for name brand 9mm fmj, and I lost track of the people who said "I'll take it!" only to ghost me and never follow through. I'd never had that issue before here, but they were all people with very low post count. He finally sold it to an acquaintance for a very good price, so it's gone now. He said he'd rather give it to someone he knows, than deal with flakes and low-ballers.

On the other hand, the fact that it didn't sell, at a price that six months ago would have had people breaking down the door, is a good sign. If prices return eventually to some type of normalcy before another panic, it's a good time to stock up, because we all know that another panic will happen. It's just a matter of time.

 

[RVTECH]

On the other hand, the fact that it didn't sell, at a price that six months ago would have had people breaking down the door, is a good sign.

And chances are some of that ammo that sold at those prices 6 months ago is still in the boxes on a shelf somewhere at the new owners house - and depreciating rapidly......

 

[oremike]

I'm seeing pallet quantities of imported primers like Ginex for around $100.00/1000. 80,000 primers on a pallet. That's too rich for my blood and I don't have that kind of scratch anyway. But maybe things are getting better.

 

[RVTECH]

I'm seeing pallet quantities of imported primers like Ginex for around $100.00/1000.

They will hold the high prices until demand drops to normal levels - or less - then they will drop the prices.

 

[Knobgoblin]

Maybe it's just me, but why didn't they add an additional hundred rounds so you could at least fill all of the magazines you just bought?

OCD , how can I 'splain it ?
I guess I'll take it frame by frame it.

 

[JustSomeGuy]

OCD , how can I 'splain it ?
I guess I'll take it frame by frame it.

Yeah, I've been accused of being OCD more times than I can count. Probably the reason my collection seems to always have exactly the same number of long guns and hand guns.

 

[Nutty4Guns]

OCD , how can I 'splain it ?
I guess I'll take it frame by frame it.

I'm down with OCD. Yeah, you know me!