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If the mags are common enough, such as AR or AK or Glock 9mm, then if SHTF you cannot have too many. It is likely that a neighbor or group member might lose a mag, or have one (or more) that stops working, and not have enough spares. Having enough mags that you can afford to trade/give some to someone else is as beneficial as having plenty of ammo which can be bartered/shared.

I just bought 14 SIG 226 9mm mags when I already had more than enough for a loadout (4-5) for each SIG. Worst case, I could sell/barter them. The only downside is that now I have to test each mag to make sure it works properly before relying on it, and that burns up ammo.
 
My brother has it now, but I have always had a thing for octagon barrel lever actions, preferably a carbine as I found that long barrel a bit cumbersome in the dense Orygun woods.
I gifted my dad a 45-70 limited edition a few years back that has a 24" octagon-to-round barrel. It's a beauty. I guess I'll be getting it back now, but I'd much rather have kept dad.
 
And a follow up question... why are there still plenty of guns, while there's an obvious shortage of ammo?

ymmv, but I still see plenty of guns for sale at reasonable prices.
pretty simple if you have no ammo then if you have a pistol it then becomes a rock and a rifle then becomes a club.
 
I haven't seen any significant increase in prices of firearms like some of the others. The main difference is I typically have to wait for the gun I wanted which didn't used to be the case. I saw multiple Glock pistols still at MAP at my LGS just yesterday. Ammo was 35 a box of 50 for 9mm though. I just happened to buy a shadow systems MR920 at a reasonable price. There were still two more.
 
Maybe, or at least 4-5 cent.

It tickled me last time and hopefully will again when hoarders and flippers were frantically trying to limit their losses when the panic finally broke. Perhaps I'm a bad person after all.
YEP!! Again memories often seem very short. I well remember seeing good AR's under $500, ones that would shoot well for less than $400. NIB 1911's from Rem for $400. I did not want an AR but it was hard not to buy one. The 1911's were really hard to not buy a couple more. Right up until the lock down CCI MM was $6 a sleeve dropped at my door. That was cheaper than Wally was selling it for. When the dam broke a LOT of stuff was dumped on the market by people who had it stacked up. This time it may take a while as we have law makers daily making noise of trying to get more laws put over on us.
With ammo it's not hard for most to stack a bunch up. Guns is a little different. Few can afford to have 100's of them bought just to have. When the pipe line finally fills you will see a sudden dump on the market by people holding huge amounts of it trying to not take a loss. The way the current administration is going though it may take till mid terms. If they get totally stomped on by voters who finally woke up? That should start a huge dump going. If voters insist on voting the same idiots back in? May take a little longer.
 
And a follow up question... why are there still plenty of guns, while there's an obvious shortage of ammo?

ymmv, but I still see plenty of guns for sale at reasonable prices.
Some guns have skyrocketed for no apparent reason other than demand. Smith and Wesson 15-22 for example was $299 with a red dot early this year. Now it's $500 with no red dot. Many of the high sales volume pistols I have seen the same thing. Simple supply and demand.
 

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