Local gun store selling on gunbroker for absurd price

[nksmfamjp]

Well, is he asking that price or listing? I find most are asking $0.01, but it gets bid up to $300/1000.

 

[243BR]

If he sells it at the normal price, then someone else is gonna buy it and sell it on gunbroker for $300. Profit should go to him

Another question. Would you complain if he put primers on sale 3 years ago for $15/1000 because he had too much in stock? Or would you buy them?

Being in the retail ammo business myself (in a very small way) I sympathize with the "mom & pops. Yes, you will make a larger profit if you have older stock that can be marked up, however once it's gone it's gone. If and when inventory can be replaced it will likely cost the owner more to replace. Part of what drives prices up in the present is replacement cost.

 

[msalm]

Tough spot for anyone, I could not in good conscience ask for exorbitant prices, but on the other hand what little I may have to sell would be gone in a heartbeat if offered at a small profit and would not be replaced anytime soon. What to do? I can see where putting in up for the highest bidder would alleviate that concern, hence gunbroker.

 

[milboltnut]

Sounds like you're surprised

 

[Pawnee Bill]

On gunbroker I was looking to see what places in Georgia was selling primer from. (Good way to call stores in that area to see if they have any in).

Anyhow I see a store name as the username for selling the primer. Which is the absurd price of $300+ for a brick.

I call the store, ask to speak to the owner and asked if they had any. The guy laughed, like they all do. He explained he hasn't seen them in several months. I let him Yap my ears off on his Conspiracy theories what is going on.

So I then asked him, are you username "x" (which is the store name)? And he hangs up on me.


How messed up is that?

Also the quantity he is selling is 10+ bricks of ten different types of primers.

By the way. I'm not one to expose the name of the place I've seen. But search your own state and look at the username. You might be shocked just like me discovering it's your local gun store.

What are your thoughts?

I believe it's called "Greed" which is like hording, a natural human trait, that is practiced by the majority of the population.

 

[Nick Caprinolo]

Lets say, you sold 100,000 bricks of primers at $33.00 a brick and made X dollars in profit. They become scarce and you can only get 1,000 bricks, How much do you need to sell to earn the same X number of profit, in order to stay in business?

Or would you rather the same retailer go out of business. Don't forget, anything to do with ammunition, is in short supply.

 

[Ranger188]

These stores are in the retail business. If they wanted to close the front door
and go to strictly online, then go for it, but don't expect people to come back
when this has settled down.
Now if they would limit you to a 1000 every 6 months (keep a list)
and sell any extra for GB prices, I'm OK with that.
Nobody needs 2000+ primers every month.
Then they know you aren't selling them yourself for a profit.

 

[mashburn82]

Sounds like you're surprised

Lol I am. Because I was thinking there was some kind of shortage.

 

[mashburn82]

Well, is he asking that price or listing? I find most are asking $0.01, but it gets bid up to $300/1000.

They have it as a buy it now price.

 

[mashburn82]

Lets say, you sold 100,000 bricks of primers at $33.00 a brick and made X dollars in profit. They become scarce and you can only get 1,000 bricks, How much do you need to sell to earn the same X number of profit, in order to stay in business?

Or would you rather the same retailer go out of business. Don't forget, anything to do with ammunition, is in short supply.

Sell it at the mark up price to the locals. Instead of lying saying nothing has come in since March.

 

[milboltnut]

I look at it this way. How bad do I want it or how they look at it, how bad do I want it, and trust me they know how bad. Price is dictated by supply and demand.

 

[shoobe01]

Long ago a girlfriend was the lowly admin for an office. She went to get the normal Friday doughnuts at the usual Friday doughnut place, and her order is not there. No one's is. Many are clamoring about this. Eventually, gets the story.

The shop was doing their early morning work and got an order from a conference in town very early, for 144 dozen (not a typo) doughnuts. Yea! We've made the bigtime! Box it up, take the money!

Then, didn't have time to make basically that many for the regulars with their actual pre-placed orders, or at least the usual traffic levels.

Huge amount of their business went elsewhere, and now are not regulars. Maybe the admin even got complimented on the new doughnut place. Or that yeah, we should mix it up with bagels. And... doughnut shop out of business before end of year.


Don't screw over the regulars.

 

[LHSmith]

What are your thoughts?

. He tells me he has 40 boxes

Anyhow I leave and get there in ten minutes. I go in seeing there is nothing in. So I'm thinking maybe it's in the back. So I ask the people up front if they got any in. They tell me 9mm hasn't been seen for 2 weeks.

he told me they sold them and he put the rest in the back. he said, I'll be right back and get you a box.

So that told me right there they are hiding their stuff. So they can make you come in every day to look and to buy other crap.




I cannot stand liars.

Well you asked for MY 2 cents, and it's a slow newsday so:
I eliminated the superfluous verbage to get to the gist of the story.
To be absolutely honest with you, if I was the store owner, I would not have done anything different. Keep the stuff (or most of it behind the counter and issue it out in limited quantity). I'd go one step further, I'd allow my best customers a higher maximium quantity.
The owner is doing his best to keep his business afloat......he is not the one who created this mess.

 

[22DASHER]

If the owners decision is between losing a few customers vesus keeping the doors open.... I know what I would choose...

 

[LHSmith]

I look at it this way, how bad do I want it or how they look at it, how bad do they want it and they know how bad. Price is dictated by supply and demand.

If i understand you correctly, that makes a lot of sense although in a confusing way. The last part clears it up.

 

[Dave Marshall]

What good is offering 1k primers for $300 to your local customers going to do?None. First, because they won’t buy it for that price, and second because they’ll bitch and accuse you of gouging and never come back anyway. There is no upside to putting them on the display shelf for what you can sell it for on auction sites, and selling it for “fair” prices locally puts you out of business.

You all want your local gun store to stay open with no inventory to sell and to support you by not selling what little inventory they can get for a price that keeps the doors open. No wonder everyone in the retail firearms business hates their customers.

The smartest local gun store owners will sell whatever inventory they have left for top dollar on the internet and then close the doors and walk away with pockets full of cash.

 

[milboltnut]

If i understand you correctly, that makes a lot of sense although in a confusing way. The last part clears it up.

Basically the demand is waaay up because people are hoarders and are just as greedy as the people selling it. And that's where supply and demand plays into high prices. Is that confusing? So wants out weight the need. So yes the way I explained it makes perfect sense.


Way back before any of this hoarding began, I knew a guy who scrafed all the cast bullets form a local company. I went to order some myself to find out they were out. It was the next day after the guy I knew bought out their inventory. His reloading room was piled and I said you'll never shoot all these bullets.... He said he shoots 300 every range trip. Taking care of his sickly wife... I called him a liar. Fear makes people hoard these days. Having it and not needing it, versus needing and not having it , is pure BS.

 

[Bronco302]

I help at my LGS when he needs me as we were friends before he opened his shop. Don't expect any compensation because he gives me a break when I buy something. He got in a good sized reloading order last week, powder, primers, a few bullets. I helped check in and priced items as they went on the shelf. Bullets have gone up anywhere from 1% to 15%, powder about the same, primers in some cases up to 20% but not across the board. He marked primers up his standard amount and limits sales to one box of 1000. Powder limit is 1 container, bullets to 1 box of 100 or 500 depending on boxing from supplier. He doesn't sell on gunbroker, jokes about how he should but then says he can't do that to his long time customers. When he has loaded ammo it is marked up his standard amount and limit is 1-2 boxes depending on how much he has. He is trying to be as fair to his customers as possible and they in turn respect his efforts.

 

[BigJohnson2]

$300 at auction will be $200 -$250 in the hand after fees and shipping headaches. List the bricks for $200 in the store.
Once stimulus and tax return money dries up I’d have to think some prices will come down a little. If wealthy Silicon Valley dopes are too cheap to pay current black market prices who’s buying this stuff?

 

[mashburn82]

I help at my LGS when he needs me as we were friends before he opened his shop. Don't expect any compensation because he gives me a break when I buy something. He got in a good sized reloading order last week, powder, primers, a few bullets. I helped check in and priced items as they went on the shelf. Bullets have gone up anywhere from 1% to 15%, powder about the same, primers in some cases up to 20% but not across the board. He marked primers up his standard amount and limits sales to one box of 1000. Powder limit is 1 container, bullets to 1 box of 100 or 500 depending on boxing from supplier. He doesn't sell on gunbroker, jokes about how he should but then says he can't do that to his long time customers. When he has loaded ammo it is marked up his standard amount and limit is 1-2 boxes depending on how much he has. He is trying to be as fair to his customers as possible and they in turn respect his efforts.

I appreciate people like that. And in this small town of only 2 gun stores, that means I continue to do my business there. And I know others here are the same.

Just because we all go to Terry's One Stop and Mimi kitchen before we go hunting. So if someone doesn't like a business, the gossip will spread to where people know to go to the other gun store to do business. Regardless how cheap he starts to go.

So this guy might be able to do this to city folk. But in the woods you're asking to be blackballed.