> TEOTWAWKI Blog: The Great Panic Subsiding?

2/13/13

The Great Panic Subsiding?

I'm seeing some signs that the great firearms panic is starting on the downward side of the curve.

Magazines becoming available for reasonable prices through major sellers...of course, they're getting bought out within 30 minutes or so, but they are out there at least.

Magazines being sold on at outrageous prices don't seem to be selling - Lucky Gunner has had $43 PMAGs for nearly two days and don't look to have sold too many.

Similar signs on the secondary market - still lots of people asking high prices, but not a lot of takers. Prices are dropping as guys realize the mags they bought to flip and make a 300% profit aren't selling like they thought they would.

.223/5.56mm still seems unavailable - could be ammo manufacturers have a harder time ramping up production versus magazine makers? I would expect to see prices start to retreat over the next month or so.

Uppers are trickling onto the market, but they seem to generally be sans bolt carrier groups, which will run $250-$300 extra.

Lower parts kits are out there, too. I'm seeing .22lr conversion kits in stock at several places.

I'm guessing we're seeing a combo of the demand running its course, manufacturers catching up and profiteers cashing out. And, the drum beat in the media has died down and the general perception (correct or not) is that the big push will be for a magazine ban versus a weapons ban, and that it doesn't have a huge chance of getting through.

Things aren't anywhere close to normal - not by any means. Most everything is out of stock and unavailable, and people are still asking crazy prices. But things are slowly getting better. I would be hesitant to pay vastly inflated prices for anything at this point, unless it was a critical item and you were really worried about not being able to get it a few months down the road. I'm not at this point.

Anyways, a few signs of hope. What are you guys seeing?

22 comments :

  1. .223/5.56 can be found online in many places but it's going to about a buck a round. I can find everything except for .22LR. Local stores have some ARs/AKs but are light on semi-auto pistols. Still can't get a PMAG to save me life.

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  2. I will have to run out and take a look. I haven't been in a couple weeks. The hubby had $200 in gift cards to our favorite gun shop, but instead of saving it and getting a 40 or 45 he bought ammo. Two weeks ago I wasn't seeing much change.

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  3. I heard Congressman Pete Sessions TX-R on a local talk radio show today. He said he had it on good information that the Chairman of the House Rules committee was not going to allow any gun control bills to the floor of the house. He explained all bills have to go through the House Rules Committee before being allowed to the floor for a vote and the Chairman had the power to prevent it. The radio talk show host than congratulated the Congressman on his new position as the Chairman of the House Rules Committee. Knowing what I know about Sessions we have nothing to worry about cocerning a AWB or magazine ban for that fact at least until January 01,2015.

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    1. If it was the AWB it would have to go through the House Judiciary Committee (as its considered a crime bill) who is run by Chairman Bob Goodlatte (R-Va.) who is good guy and will also block it. If there was enough uproar it can go directly to the floor for a vote if the Speaker allows it. Just wanted to clarify your comment form a technical perspective.

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    2. That is true then it would go to the Rule Committe chaired by Pete Session before iy could go to the floor. He did make mention of that. I think we are pretty safe as long as the Republican keep at least control of the House. This is where some in the Tea Party might have to suck it up for the greater good to prevent the Democrats from retaking the House in 2014.

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  4. I generally agree. Prices flew up then rifles came out of safes. Lots of old Colt H'bars and Sportsters got pulled out when prices went north of 2k for any decent AR and lots of folks wanted to double their money on lower end second AR's also. Pretty quickly the amount of people trying to buy an AR at these prices seemed to find one. After that a bunch of folks were still trying to sell franken AR's for $1,800 or whatever. The buyers however are mostly gone. Either folks trying to make unrealistic trades (swap my used stereo/ car parts/ beat up SKS for your AR strait across, etc) or optomistically looking for pre crisis prices.

    The guns that are distinctive enough to remember I have seen on the pages for awhile. The prices are slowly slipping down.

    Prices on some things seem to be slowly trickling down. AR's, USGI mags and AK's seem to be trending down. The Glock bubble has burst here. I've seem them slipping back into the $550 asking price range though not in the 9mm flavor.

    Some stuff like specific mags (PMAGs, Glock 9mm and Ruger BX-25) are not being offered at lower prices. The shift has adversely affected their availability. Maybe folks won't sell for prices others are willing to pay. I'm not sure exactly what is going on there.

    I think it is going to be a long time before .223 ammo supplies are regular again. It's seemed moderately available as of late but at pretty high prices. High enough that I think many folks, like myself, who are not desperate but do want more are waiting it out. Some may buy at $650 a case, others $500, etc down to the $350-400 range where it was before. So I am guessing prices will trend down but availability will still be spotty.

    Well that's my .02 on that.

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  5. Here in VA I'm seeing the same, boxes full of PMags at our local shops, asking $65 or $35 for cleaned up used aluminum mags, but the boxes are full... no takers at that price anymore. Still no ammo though and the ranges have 2 box limits, so I'm not getting to practice at the range much until that becomes readily available again. Gun Show this weekend so the hubs and I will be checking things out and seeing how crazy it is and just price shopping for now.

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  6. Here in TX stuff is trickling back in stock. We had about 1200 3-packs of Troy battlemags for $69 that went onto the site last week. So a week or so has gone by and we still have them in stock. If it were PMags they would have sold out in mere minutes and crashed our site like the last 700 or so that we put online for regular price. Complete rifles from Daniel Defense have started flowing again for us and Seekins stripped lowers are now being sold in-store only. Ammo is still scarce and our local Academys and Wal-Marts still have their purchase limits in place. I see the dust settling in a month or so when there is little or no action in Congress. Once that happens, those people that bought the $2000 frankenAR's will be scratching their heads when they can't sell 'em for $600-$800. When people come in the shop all huffing and puffing about having to get something right now...today, I tell them to just calm down and wait for things to settle down. The market will be flooded with product, much like generators after Y2K...

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    1. Yeah, I'm waiting for one of those AR's and/or AK's to hit the local pawn shops. I'd love to have one, but I refuse to pay the prices some places are charging.

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  7. 7.62 X .39 Ak-47 ammo is no where to be found at any price so far as I've seen. Not even spent brass or steel casings. Bullets of the proper size are available, though uncommon.

    if you want the ammo listed above, looks like you'll have to start from scratch. Punch from Brass sheets, powder, and lead cast bullets.

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    1. There is plenty of that ammo: http://www.gunbot.net/ammo/762x39/

      As of 2/17/13 at 12:11 AM there were 5 different deals all under .50 cpr

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  8. a week ago i sold 9mm brass cased ammo for $.35 per round and good quality government overrun 9mm hollow points for $.85 per round. now, i can't seem to sell 9mm tulammo steel cased for $.30 per round.

    sold two highpoint 9mm carbines with 500 rounds of 9mm and 2 extra high cap mags for $750 and $600, respectively. i've seen the same rifles for sale in stores for under $300 again.

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    1. hi point's like lots of other things have doubled in price. keltec sub2k have tripled. ammo of anykind can be found on gunbroker but you will pay b/w .75 to 1.00 a round.
      here in alabama it still pretty much same as its been. shelves are empty.

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    2. ar's are showing up in bama though. its like the article said, folks are attempting to sell them at twice the price paid. not I!

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  9. At my work we have had a trickle of magazines and guns coming back in from manufacturers. Last week we got in a couple dozen factory Ruger SR556 magazines in, which are incidentally PMAGs in a Ruger package. Yesterday we got a huge order of Promag which had about sixty steel AR mags in 30 and 20 rounders as well as AK and Ruger Mini-14/30 mags. All of these were old price of $20. Before I left one guy had an armful of AR mags heading towards the door.

    We got in 10 Bushmasters and a handful of Glocks (including two 19's) which all sold before they hit the floor except the Gen4 Glock 20.

    All of this and we still only get trickles of .223 and .22LR. Ammo just can't seem to catch up.

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    1. Yeh we got some of those PMags in Ruger packaging...weird huh??

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  10. Walmart is still out of handgun and .223 ammo unless you get there at the right time.

    LGS still has stupid high prices on everything. Not seeing many cars in his parking lot...

    Large GS in the area that didn't jack prices at all, and has had to limit the number of people in the store due to fire code, has had AR's, mags, .223, and some handgun ammo left at the end of the day.

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  11. Where have all the 22LRs gone?

    It is great that things are stabilizing but people need to keep the pressure on our elected officials on the gun rights issues. Smith and Wesson and Ruger both have official looking email letters that you can sign and have sent to your representatives regarding the battle the 2nd Amendment faces today. The fight is not over, keep up the heat on our Federal and State legislators!

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  12. Here in Central Mississippi, most all the retailers shelves remain bare. No .223/5.56, no 9mm, no 45ACP, no .22LR. Prices at gun shows screaming high. A 1000 box of .223 two shows ago was $449 (which I consider high) was flying off the tables at a whopping $1200. The ammo guy when back home a couple hundred miles overnight to restock and sold out again on Sunday. I had just bought a boat load of PMAGs for $12.75 that were $69.95 at the show. The new Ruger 10-22 mags were $79.95, but they were not selling.

    There is not an AR rifle for sale anywhere at the 10 outlets I have checked in the past month. Most arms makers are running at 100% capacity, but remain roughly 18 months behind orders. I still think wholesales are holding back to keep prices up. Once the rifles sold out, then buyers turned to more handguns. Now they are about gone. Except nothing normal for a year depending on legislation.

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  13. Local gun show last weekend had plenty of AR's and AK's, but nobody was looking at them. Ammo and mags are showing up now too. Overpriced still, and wasnt really moving much that I could tell. Local WM got in a decent sized shipment of Winchester 5.56 that actually lasted 2-3 days.

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  14. I was able to pick up an AR last night at Wal-Mart of all places. Probably a little higher than they were pre-panic, but still in the ballpark.

    I was able to backorder some mags, but ammo is a different story...

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    Replies
    1. Props to Wally World for still selling EBRs!

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