Five Letters Re: Full Capacity Magazine Price Increases are Already Here

Jim,
I wanted to contribute this the following to your ongoing discussion on high capacity magazines.
Selling high capacity magazines is normally a small part of our business, but that changed last week. Between October 31 and today, we have sold more than I normally sell in a year.
I had stocked up anticipating increased demand, but was nowhere near prepared for the huge surge in sales that we experienced. A normal order was 3 to 6 magazines, now it is 12 or more and we have had several customers buy in quantities of 100+. As a result, we are completely sold out of AR-15 magazines. I have had 400 on order since before the election, hopefully to arrive some time later this month, but many are already allocated to back orders. I could use 1,000 more magazines, but I have no idea how long it will take the manufacturer to produce them, where I will be on their waiting list, or how much their price will have increased.

I sold out of Glock Model 23 magazines and am very low on Glock 19 magazines. I was able to re-order, but my supplier was out of a couple of varieties and the price has increased $2 each on the rest, so we had to raise prices. My profit margin was only $5 on Glock magazines, and one of my other suppliers is now quoting wholesale prices that are equivalent to what my retail price was.
This feeding frenzy should be an example to everyone who has delayed some of their preparations. Don’t wait until the panic starts — buy your long term storage food now. Get a water filter and grain mill while you still can. Buy your silver during the current dip. Survival supplies are tight, but things will get worse before they will get better. I have been in the survival business since before Y2K. (BTW, I have a 1997 edition of [your draft edition novel] TEOTWAWKI in its three ring binder on my bookshelf) and this is the busiest we have been since early 1999. – Dave (of Captain Dave’s)

 

Mr. Rawles
I found this online – it is at an AR15.com forum where folks are presently discussing who is raising their magazine prices and who isn’t: Stay safe. – David B.

 

JWR,
Brownell’s has still not raised any of their prices, as of this week. I have an account with them and bought a bunch of mags (AR and AK). Most of these are going to be traded off to my brother and some other contacts. Brownell’s AR mags are still $12.50. These are good quality and I have never had a problem with them. FYI, – Sarge

 

Sir,

I’ve seen similar goings on here in Memphis. General threat of mob violence on the night of the 4th and after if The One lost the election, so I went to pick up some extra buckshot and I figured a couple extra boxes of .45 while I was at it. First went to Sportsman’s Warehouse, but they were out of just about everything in the major pistol calibers except the exotic and high-dollar loads. The mountain of 9mm ball they’d laid in planning to put on sale this weekend was reduced to less than a mole hill.

They were also pretty much out of buckshot, too. Bear in mind that this is an outdoor sporting goods “big box” and not a gun store per se. I left there empty-handed and headed over to Guns & Ammo, my usual stop for same. I knew something was really up when a guy coming out as I went in had two black Glock cases and a blue SIG box in his arms and his son was carrying a double-arm-full of handgun ammo boxes. Once I got inside the store, it looked like Christmas Eve in there; people lined up three deep at the counter, which is about 50 feet long. All six employees were going like mad trying to keep up with the sales. I got the last half-dozen boxes of Hornady TAP buckshot and a few boxes of Winchester Ranger .40 and high-tailed it. Looks like everybody’s a bit worried, and with good reason. “May you live in interesting times,” indeed. – Booth

 

Jim:
A recent post said that Cabela’s in Texas was out of ammo. I live in central Indiana and my local Gander Mountain store is (by now) out of .223 and other popular Battle Rifle calibers so I thought I would buy on-line like I usually do. What a shock. Able Ammo, MidwayUSA and Cheaper Than Dirt are out of just about everything in Battle Rifle calibers. I’ve never seen anything like this ever. Most are not even accepting back orders. I stopped by a local but out of the way gun store and had trouble finding a place to park. The employee’s said you could not move around in the store on Saturday and the owner said he was thinking of going out of business after the first of the year. Interesting.

Friday, before work, my wife and I stopped by our local police department to request Concealed Carry permits. We got there Friday morning, 10 minutes before they opened. I was first in line and the lady asked me why everybody wants gun permits? Apparently it was a busy week for her. By the time I was fingerprinted and left the lobby was full of people, mostly couples, all seeking similar permits. These were all professional people. I live in a bedroom community where we have the highest per household income in the state. Something interesting is happening on in our country and intelligent hard working professional people feel the need to be able to protect themselves.

At a local outdoor shooting range, which was very busy despite 38 degree temps and wind, I talked to as many people as I could. They are mostly male in their late 30’s to 50’s. I ask them how long they have owned their weapon and the usual answer was “Since Tuesday!” There are a great many new shooters out there and they are not hunters. While they were not seeking training, at least they know if their weapon will fire if needed. I rarely see the same people again. Apparently, if the gun works, it works and that is the end of it. – Russ in Indiana