Welcome to Armed American News’ newest feature: The Weekly Ammo Report.
It is sponsored as a public service by Lane Elkins, owner of Cheap Gun Club.com. Lane buys and sells ammunition for a living. He’s a seasoned pro who knows the ammunition marketplace better than most.
Here are his weekly observations and prognostications:
Given recent events, it’s probably a good time to stock up on AR mags and .556/223. If there is federal legal action or a ban coming or even discussed, prices will skyrocket. There is plenty of 5.56/223 available on the market now, but it is not cheap.
The market for shotgun ammo is tight, but the Cheap Gun Club is offering 12-gauge buckshot for $0.58 per round. Any shotugun ammo sold for less than $0.60 per round is a good deal.
.45 ACP has disappeared. Now, if you can find it you will pay more than $0.50 per round. No one knows what happened to the supply, but it might be a primer-shortage issue.
The only ammo around in quantity is PMC, which is made in South Korea, although they, too, do not have .45 ACP.
.380 and .40 continue to be available at decent prices.
Hunting ammo — not tactical calibers — continues to be very expensive. One customer said he just bought 20 rounds of 45-70 and paid more than $60.
Lee Williams, who is also known as “The Gun Writer,” cofounded Armed American News. Lee is also the chief editor of the Second Amendment Foundation’s Investigative Journalism Project, and serves on the board of Florida Carry, Inc. Until recently, he was an editor for a daily newspaper in Florida. Before becoming an editor, Lee was an investigative reporter at newspapers in three states and a U.S. Territory. Before becoming a journalist, he worked as a police officer. Before becoming a cop, Lee served in the Army. He’s earned more than a dozen national journalism awards as a reporter, and three medals of valor as a cop. Lee is an avid tactical shooter.