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It started with a quest to get a Webley revolver to shoot well. They will chamber and fire a 38S&W , but accuracy is mostly a shotgun pattern. When I slugged the chambers and barrel I found that it needed a .364 bullet and the 38 S&W was only .357. The undersized bullets were just rattling down the bore. Once I got the proper size bullet, The old military pistol could have past as a target pistol!Wow, that's cool. Did you start the business from scratch or purchase one that was already started? Where did you source your lead?
With that success I found lots of people had the old guns in drawers because they did not shoot well with American ammo.
I upgraded my FFL and started selling bullets that fit. Pretty soon word got out that I would make custom sizes, and I was selling about 3 diameters of 32 cal bullets!
When Cowboy action shooting first took off, it was mostly old guns, and quite a few need custom size bullets to make them shoot well.
These were all poured from WWM, [Wheel Weight Material.]
I found out I could get a couple hundred pounds a week from local tire dealers if I showed up near lunch time with a Pizza and a 12 pack of coke.
When I upgraded to production equipment, I had to move to certified alloy's. It took to much of my time smelting off the steel clips of the WWM and adjusting the mix to give me a repetitive hardness.
The Certified alloys are also cleaner, and every batch is exactly the same weight. [ mostly important to rifle target shooters.]
Now that I'm retired I may go back to making custom sizes. Their is still a call for small batches of custom size bullets.
Because I did not make loaded ammo the business insurance was not expensive.
With the internet taking over for gun shows as a place to sell, I would not have to travel as often.
If you are interested in starting your own business, Once I identified the guns people were having trouble finding bullets to fit. The bullets pretty much sell themselves. The licensing and insurance was easy. And I like to talk guns, so it was a good business for me! DR