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Full Capacity Magazine Price Increases are Already Here

Regarding my recommendation to stock up on full capacity magazines, reader David B. noted this in an e-mail yesterday morning: “[The discount mail order dealer] Cheaper Than Dirt [1] [is] already gouging us based on our fear of Obama being elected. Overnight, their price for Mag-Pul [brand AR-15/M16] magazines went from $15.97 each to $29.97 each. Wow. They just lost my business forever.” David’s note intrigued, me, so I just spent some time at the Cheaper Than Dirt [1] (CTD) web site and compared their new prices with their latest hard copy catalog (dated November, 2008). Here is a brief sampling:

Glock Model 20, 21, 22, 31, and 32 full capacity factory magazines were all $19.97. Now some are $29.97 and others $39.97 Ouch!

Glock 33 rd. 9mm magazines were $44.97. Now $49.97 (Note: I bought a pile of these for $26 each, about a year ago, and I’m glad that I did!)

Ruger factory 20 rd. Mini-14 magazines were $59.97. Now $69.97

Beta CMAG 100 rd. double snail drum for Mini-14 were $299.97. Now $399.97

LR .308 19 Round Blued Steel mags made by DPMS (for their flavor of AR-10 rifles) were $39.97. Now $49.97 (But out of stock)

M14 and M1A .308 20 Round Parkerized “Military Style” [commercial copy] were $11.97. Now $29.97 (But out of stock)

AR-15 .223 30 Round, Bushmaster factory mags were $29.97. Now $49.97

FN P90/PS90 5.7x28mm 50 rd. magazines dropped from $69.97 to $59.81 (At least a some good news!)

All in all, I have doubts that the aforementioned price increases were all triggered by CTD’s suppliers. But I wouldn’t go so far as to call the increases “gouging”. Pricing is a function of supply and demand. In a free market, prices eventually reach equilibrium. And I’m sure that the current demand is skyrocketing. I certainly know that my personal demand is! For example, I just placed a “top off the inventory” order with one of my favorite suppliers, CDNN Sports [2]. I was pleased to see that as of yesterday, none of their prices had increased. I did notice however, that they are now sold out of many magazines, including quite a few SIG, HK, and Springfield Armory XD pistol magazines. My advice: Stock up now, while magazines are still available at fairly reasonable prices. I anticipate that there will be some significant shortages for the next few months. But after BHO [3]‘s inauguration in early 2009 all bets are off. If, (as I’ve predicted [4]), an executive order banning importation of so-called “assault weapons” and “high capacity” magazines is enacted, there could be some huge price increases!