7.62 x 39 ammo...


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JohnnyK
December 28, 2012, 04:57 PM
I went by my LGS and picked up my Christmas presents... an Advantage arms .22 conversion kit and a Mossberg tactical .22 rifle... they actually had Fiocci 7.62x39 ammo... I asked how much and they said $749 for 1000 rounds... I shoot the cheap Russian steel case and pay the cheap prices... maybe $100-115 per 500 rounds but $749 for 1k... ouch... I know brass is more expensive than steel but that's nuts! glad I'm getting into shooting .22 in both rifle and handgun. :neener:

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CoRoMo
December 28, 2012, 05:04 PM
I helped a guy restock his SKS this past weekend and he was sitting on several hundred rounds of Norinco 7.62x39 that he had no idea had somewhat of a collector's value to it. I would have offered to swap him some fresh new Tula for his Norinco ammo, but I wouldn't actually be able to find enough anywhere at a good price to make the deal worth doing.

Giterboosted
December 28, 2012, 05:06 PM
Norinco is collectible? I have lots

JohnnyK
December 28, 2012, 05:07 PM
I'm glad I bought and stocked up when it was cheap and readily available...

aka108
December 28, 2012, 05:13 PM
I bought many cases of 7.62x39 in Wolf and Barnaul brands when it was 90 dollars a case. Wife thought I had gone off the deep end but glad I did. I also pick up brass cases in that size and bought some bullets as it maybe a round the administration might address.

CoRoMo
December 28, 2012, 05:39 PM
Norinco is collectible?
Technically, I said it "had somewhat of a collector's value". ;) When you hang around gun forums enough, you eventually hear such things.

There is a billion tons of the stuff out there, but it is slowly getting closer to what we would eventually consider 'rare'.

Here's a good example; GunBroker auctions from September/October (before election & panic buying)...

Norinco sells for 63.53˘ per round: http://www.gunbroker.com/Auction/ViewItem.aspx?Item=308573690
Tula sells for 25˘ per round: http://www.gunbroker.com/Auction/ViewItem.aspx?Item=312289076

So that would supposedly be the unmolested market prices there; definitely shows some enhanced value IMHO.

GWARGHOUL
December 28, 2012, 06:03 PM
Wow.

I picked up Wolf military classic.. 1000 rounds for like $215 shipped back in March.

M1key
December 28, 2012, 11:24 PM
I picked up Wolf military classic.. 1000 rounds for like $215 shipped back in March.
March? That was several mass shootings ago...

M

nathan
December 28, 2012, 11:28 PM
Excuse me for my ignorance, LGS stands for ?

JVaughn
December 28, 2012, 11:35 PM
Excuse me for my ignorance, LGS stands for ?

local gun store

nathan
December 28, 2012, 11:42 PM
Thanks

mberoose
December 28, 2012, 11:44 PM
Norinco is collectible? I have lots

If it's steel core, there's a pretty good premium for it. Lead core, to a lesser extent, but still worth more than your average Tula/Wolf/Bear and some people collect it because A) hasn't been imported in many years B) there's so many varieties of packaging and branding that some people like to collect them all.

Pretty good ammo too, actually. I had some yellow box Norinco and blue box China Jing An Equipment (re-branded Norinco, made in the same factory as the yellow box stuff) ammo a while back that shot well, and made me a few bucks on GunBroker.

jonnyc
December 29, 2012, 01:17 PM
Some fools might pay high prices for steel-core ball ammo believing it to be super-powered AP ammo, but it ain't, and there is absolutely no collector value in it. None, zero, etc.

Liberty1776
December 29, 2012, 03:59 PM
feh. It's all just shootin' ammo. (Just my opinion)

Rollis R. Karvellis
December 29, 2012, 04:47 PM
I, have some Norinco x39 at the LGS, and now I, feel even less guilty at the price I'm asking.

Torghn
December 29, 2012, 06:59 PM
Some fools might pay high prices for steel-core ball ammo believing it to be super-powered AP ammo, but it ain't, and there is absolutely no collector value in it. None, zero, etc.
I don't know if it's collected in the traditional sense of the word or with the intent to shoot; however intent is irrelevant. It is collected and people do pay a premium. That's the very definition of having collectors value.

jonnyc
December 29, 2012, 11:02 PM
"That's the very definition of having collectors value."

Uh....no.....that's not correct. It may have shooters' value, but it is not a "collectible", and it has no collector value.

mberoose
December 29, 2012, 11:33 PM
"That's the very definition of having collectors value."

Uh....no.....that's not correct. It may have shooters' value, but it is not a "collectible", and it has no collector value.

So uh....then...hmm. :confused:

Why do people collect it then?

I mean, if it didn't have some sort of redeeming value, wouldn't they just go down to Walter Mart and buy a box of Tula instead of paying 2-3 times the price?

chris in va
December 30, 2012, 12:12 AM
I decided to sell my Saiga conversion once I realized relying on foreign ammo sources wasn't a good idea. Picked up an AR so I could reload for it.

Balrog
December 30, 2012, 12:21 AM
I have never heard of anyone collecting Norinco ammo. Who does this?

Torghn
December 30, 2012, 12:43 PM
Because it does have collectors value. It's like saying people who collect wine only do so because it has drinkers value. jonnyc may not value it above tula ammo, but others do thus it has collectors value.

BearGriz
December 30, 2012, 12:54 PM
At the gun shows here in Utah, there is someone who has a table at every show, it seems. I remember his table because he is always trying to sell his "rare" steel core Norinco ammo.

He sells them in stripper clips of 10, and I can't recall his price, but I'm confident it was more than $1/rd. I remember when they outlawed the importation of it because of the steel, I'm pretty sure it was the ATF that claimed it was AP when they made the decision.

jonnyc
December 30, 2012, 07:16 PM
Some of you seem to have difficulty understanding the difference between intrinsic/shooter/hoarder value and collector value. The only people who see any premium value in Chinese steel-core ball ammo are shooters/hoarders. While there are those who do collect 7.62x39 ammo and boxes, Chinese ammo has been common and cheap hear for a very long time. It was imported in such vast quantity that anything unique or interesting has already been found by collectors, or is widely available on the collector market for very low prices. People who accumulate large quantities of identical items are hoarders, not collectors. Collectors collect collectibles, items that have some scarcity, variation, and interest. Chinese steel-core ammo in box lots just ain't collectible.
If this simple economics lesson doesn't resonate, well.....God bless you.

mberoose
December 30, 2012, 07:31 PM
Sure thing, bud. We're all just making this stuff up, you're right.

Swampman
December 30, 2012, 10:59 PM
@ jonnyc
So why do you hoard 7.62x25 and 7.63 Mauser ammo?

jonnyc
December 31, 2012, 12:42 AM
mberoose, I'll just assume you can't read.

And Swampman, I'll assume you're just joking.

I realize those assumptions could be wrong, or open to juvenile ridicule, but to believe that adults can't rationally differentiate between value to shooters and value to collectors is laughable.
Done with this foolishness. Keep buying all that valuable and collectible Chinese ammo, I'm sure you will be rich someday. ;)

Swampman
December 31, 2012, 01:39 AM
Me! Joking? Never! :D

Nonetheless, I'm fairly certain that nobody in 1860 thought that a box of .44 Henry Flat cartridges would ever be worth anything except to shoot...
The same thing goes for most of the "collectible" ammo out there.
Time is generally all that it takes to create scarcity, especially with consumable items such as ammunition.

Torghn
December 31, 2012, 04:20 PM
Some of you seem to have difficulty understanding the difference between intrinsic/shooter/hoarder value and collector value. The only people who see any premium value in Chinese steel-core ball ammo are shooters/hoarders. While there are those who do collect 7.62x39 ammo and boxes, Chinese ammo has been common and cheap hear for a very long time. It was imported in such vast quantity that anything unique or interesting has already been found by collectors, or is widely available on the collector market for very low prices. People who accumulate large quantities of identical items are hoarders, not collectors. Collectors collect collectibles, items that have some scarcity, variation, and interest. Chinese steel-core ammo in box lots just ain't collectible.
If this simple economics lesson doesn't resonate, well.....God bless you.
col·lec·tor
/kəˈlektər/
Noun

1 A person or thing that collects something, in particular.
2 A person who collects things of a specified type, professionally or as a hobby: "book collectors".

Source of value is irrelevant, so is scarcity or quantity. Mosin Nagants are collected, yet they are cheap and prevalent as well. This isn't a simple economics lesson, it's simple semantics.

Reloadron
December 31, 2012, 06:26 PM
Interesting thing about 7.62 X 39 ammunition is I likely have around 2,500 rounds of the stuff laying around here. Much of it going back to the old gun shop almost 20 years ago. As of today I have a single rifle that shoots the stuff and that is a lone SKS I seldom take out and shoot. I even found about 200 rounds of that E. German plastic bullet stuff in a can still packed in the 10 round packages. Why the hell can't that all be .223 or .308 stuff! :)

Ron

Trent
January 1, 2013, 12:06 AM
Interesting thing about 7.62 X 39 ammunition is I likely have around 2,500 rounds of the stuff laying around here. Much of it going back to the old gun shop almost 20 years ago. As of today I have a single rifle that shoots the stuff and that is a lone SKS I seldom take out and shoot. I even found about 200 rounds of that E. German plastic bullet stuff in a can still packed in the 10 round packages. Why the hell can't that all be .223 or .308 stuff! :)

Ron

Hah you probably had 10x that in 223 and 308 and shot all of it.

:)

jonnyc
January 1, 2013, 12:53 AM
Torghn, let me guess....Harvard or Yale, right?

"Mosin Nagants are collected, yet they are cheap and prevalent as well. This isn't a simple economics lesson, it's simple semantics."

Your analysis is brilliant. That explains why every Mosin "collector" has dozens of exactly the same rifle, with no variation. Your lesson in semantics is most welcome and helpful. I'm going to run right out and buy a truck load of Pop-Tarts right now. Just think how "collectible" they will be in a few years.
Jeez!

Reloadron
January 1, 2013, 08:25 AM
jonnyc, I would avoid the pop tarts and focus on Twinkies. Your odds are better for a higher return on your investment I think. I have a case in the freezer and plan to ut the grandchildren through either Yale or maybe Harvard with it. :)

Seriously, people tend to collect things for a number of reasons. Last spring I went down to NC and a friend asked me to bring down a pile of .22 ammunition. I had a few packages of Remington stuff with 6 boxes to the package and a Remington labeled small flashlight. So I tossed them in. Went to a gun show while down in NC and don't you know a guy had a few of those same packages on his table for $40 each. Looked at my friend and told him I wanted my boolits back! :)

I guess if the guy ever gets his $40 each they were worth that much to someone as a collectable. I guess the same would hold true for someone buying old boxes of NORINCO 7.62 X 39 ammo. Personally I see the Twinkies as more collectable.

Ron

jonnyc
January 1, 2013, 12:21 PM
Hah!
I was actually going to use Twinkies in my analogy, but thought that they really might be collectible at some point. Even if they only get to eat your stash, your grandchildren will be lucky kids.

dcarch
January 1, 2013, 02:04 PM
I personally like Golden Tiger. Not sure how "collectible" it is. I seem to have collected a fair amount of it so far, though. ;)

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