Shocked at LGS Today - Page 3

Shocked at LGS Today

This is a discussion on Shocked at LGS Today within the General Firearm Discussion forums, part of the Related Topics category; I've been seeing pistol ammo again on the shelves (even at Walmart) here in KY recently at what looks to be regular prices. Either your ...

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  1. #31
    Senior Member Array yz9890's Avatar
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    Shocked at LGS Today

    I've been seeing pistol ammo again on the shelves (even at Walmart) here in KY recently at what looks to be regular prices. Either your LGS is getting pinched by his suppliers and is passing it on (as he must) to the consumer or he's gouging. maybe both.


  2. #32
    Member Array drbald1's Avatar
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    RE: Shocked at LGS Today

    All outlets in the other end of KY are bare. Their suppliers are saying it will likely be a while.

  3. #33
    Distinguished Member Array chuckusaret's Avatar
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    Based on the prices at my LGS my small stockpile of ammo has a present day value of over $20K. I just might have to sell off a few cases. I would guess that a box of Black Talons that I recently sold at auction for $90 would now demand $150 or more. I still have a few boxes of .40 cal that I intend to keep.
    US Army 1953-1977

    ‘‘We, the People are the rightful masters of both Congress and the courts — not to overthrow the Constitution, but to overthrow men who pervert the Constitution.’’
    — Abraham Lincoln

  4. #34
    Member Array KoolBreeze's Avatar
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    Quote Originally Posted by Dono View Post
    Stopped into my LGS for the 1st time this year. They had 8 evil black rifle including a Colt LE6920 which has a MSRP of around $1080.00 for $3000.00! Asked about some FMJ 9mm for the range.....They have some cheap PMC for $49.99 box of 50! I guess they figure if they were regular price it would all be gone and end up for sale at those inflated prices anyway. I don't know what to think.

    Dono

    BTW.....It is Savage Trading in Yukon, OK
    Might want to call the state attorney general's office and report them for price gouging and then find another gun store.
    ”Those who give up their liberty for more security neither deserve liberty nor security.”
    Ben Franklin

  5. #35
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    Ammo case at my local Walmart still bare. LGS had 2 boxes of .45 gold dots. I restrained myself and only bought one. They were $35.00 each. Not too bad. They are saying no ammo stock likely for 6mo. to one year. If you live where you can still find ammo you are very lucky. Walmart posted a sign on their ammo case limiting purchases to 3 boxes per customer. Ha Ha! Nothing there to buy! Why is it retailers in some areas seem to be receiving orders of ammo and others cannot seem to get it?
    I shoot with a pistol and a Canon. We must all hang together amigos, or we will all hang separately. NRA life member.

  6. #36
    Member Array paynetrain1988's Avatar
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    Quote Originally Posted by Chorizo View Post
    Retail price: the price that the general public will pay for a given item, based upon supply and demand.

    MSRP: Manufacturer's SUGGESTED Retail Price. If nobody is buying, then retail price will likely be below MSRP. If the demand is high or supply is limitted, then retail price is likely going to be above MSRP.

    Cry Baby Socialists: Those folks who whine when Capitalism does it's thing and prices are set according to supply and demand.

    Socialist!! I spent darn near 4 years in the sand box defending Democracy and our free market economy. All I'm saying is ill stick to the dealers who chose their costumers over padding their pocket book.
    KoolBreeze likes this.

  7. #37
    Member Array Dougb's Avatar
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    If they are selling all they can get at their new higher price, there is really little incentive to cut the price. I worked retail for a lot of years. We would have an item for $10, someone would come in and tell us the competition had it for $5. My question was obvious. "Why didn't you get it from them? Answer was also obvious. "They are out, wont have any for at least a month". My response-"when we are out, we will drop our price to $5.

    It's not gouging. It may be expensive, but it is now the new daily price, and will be until there is a real supply available. The purpose of a business is to make money for the owner. If you don't know what it cost the store, you have no idea what it should be sold for.
    atctimmy likes this.

  8. #38
    Member Array WINTEJER000's Avatar
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    just saw a box of reman 9mm for 30 a box
    “But now,” he said, “take your money and a traveler’s bag. And if you don’t have a sword, sell your cloak and buy one!” Luke 22:36 (NLT)

  9. #39
    Member Array paynetrain1988's Avatar
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    I understand the supply and demand system as well as any other. I guess I'm just stubborn and want to stretch the dollar as far as it can go, #1 reason why I reload.

  10. #40
    VIP Member Array Richard58's Avatar
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    I just bought a box of 9mm critical duty for 23.99 at LGS. He had 10 boxes of it but I did not hog it and only got one box.
    The police are not there to protect you from crime, they are there to arrest the guy after the crime has been committed, assuming they find him. It is your responsibility to protect yourself and your family.

  11. #41
    Senior Member Array Smarshe's Avatar
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    There is no such thing as "price gouging"!

  12. #42
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    Quote Originally Posted by dukalmighty View Post
    I guess my friends really hated it when I had to raise my prices I was charging them for 9mm reloads from $12 per 100 to $15 per 100 due to my component prices going up a little.Just finished reloading one guy 500 rounds for $75

    how much would you charge me to reload 500 rounds and ship to missouri?

  13. #43
    Member Array Ctger05's Avatar
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    Shocked at LGS Today

    LGS has an LE6920 for $3200 and .38 spl+p Speer gold dots for $60. I left.

  14. #44
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    As others have stated, we live in a capitalist society (sort of anyway) and thus supply and demand drive prices. You can't blame them for inflating prices if they have a limited supply and someone is willing to pay. With this said, I don't plan to purchase any guns until the buying frenzy starts to die down. It might take several months or even longer, but I have what I need and I can wait for a more rational market. Ammo on the other hand is a little more challenging. I am hitting the range once a week and my local ranges will only sell a couple of boxes at a time and only to those who are shooting that day. I wish I would have stocked up more...

  15. #45
    Member Array AngryBadger417's Avatar
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    Man have you seen gunbroker? 3 g's for a used 700-800 dollar rifle? No thank you, I'll just buy a lever action.
    Say 'what' again! I dare you! I double dare you!-Jules Winnfield aka Samuel L Jackson

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