Why are people buying up mags that you probably won't be able to use?

How about the obvious? Sell them for a profit in the future...

Glad I didn't get rid of all my P95 mags when I sold the pistol (I let it go with the two 10rd mags Ruger included).
If I had the opportunity and the money, and was sure the hammer would drop soon, I'd buy 'em as an investment.

How about use them. Going to let some possible future
regulation stop you ? Load them up and cache them, is
another good use.

I believe California allows folks to continue to own pre-ban 10+ round magazines but not sell, loan, or give them to anyone else (maybe someone from CA can chime in).
Wonder if this is a possibility for us all?

Go concede somewhere else........

robhof

I have them for personal protection and unless you advertize them or publicize that you have them, there's no reason for the Gestapo to come and take them away. My uncle, who died a few years ago had a Nazi machine gun that he fired regularly and only when he died did we find out it wasn't registered and had to turn it in. He brought it back from WW2 and only showed it to relatives and very close friends. If TSHTF, I want as many rounds in my clips as possible.

I believe that in NJ there was no grandfathering of anything in excess of 15 rounds.

The NJ high capacity magazine ban and "assault weapon ban" still applies and forbids certain named guns and semi-auto rifles with two bad features

I do not believe there will be any confiscation of firearms or magazines in a future AWB.

If there is, I do not plan to participate.

^ Same here. No way am I giving up anything!

As to the original question, there are many ways to use high-cap mags even after a hypothetical ban. Range use, Competition, plinking, SD/HD, and making profit when selling them.

I know a guy who bought 100 Pmags a while back anticipating a new AWB. I'm sure he is laughing all the way to the bank right now while he selling mags for $30+ a pop. If this frenzy does slow down, at least I know who to buy mags from.

if an AWB should hit by (hypothetically) April 2013.... all the standard cap-magazines hoarders who bought the shelves empty would need to dump any magazine they are willing to sell before that date on the market.
Unlike the old AWB a new AWB will most likely prohibit the sale/transfer on any high cap magazine after the ban. So you either sell it pre-ban or keep it.

Wonder what that would do to prices... part of the high magazine prices during the old AWB was that folks could continuously sell their old mags legally... so a limited supply over a very long period.

I'm sure logic won't play into the anti's decision making process, but if you ban the transfer of anything that has value on such a large scale, making it's value 0 in the marketplace, didn't you just create a huge black market for that item? Won't that actually help criminals? Not saying everybody would sell on the black market, but human nature being what it is, you some somebody surely will...

to be honest: no reasonable gun owner would risk selling any high-cap magazines after the ban ... if you get caught you are in a world of pain. severe misdemeanor / felony will ruin your background check for employers for good. forget about your right to possess a firearm... but applying for a new job and you get flagged in the background check for a violation of federal firearm law? they won't hire you. period. I doubt that's worth the few bucks a magazine would sell for...

I actually think that people who are "panic buying" now, if that is what they are doing, are doing us all a favor.
They are pumping money into gun makers and accessory makers as fast as they can and they are also getting more of these items into circulation, which means that they are more and more likely to meet the "common use" criteria cited in Heller.

I plan on complying starting with taking about 300 of them to a gun show this weekend. It is so bad it seemed like about every box I looked in had from 3 to 10 or so in it.

I'd replace the word "reasonable" above with "obedient", but I do see the point.

Well I don't know about anyone else but any "ban" is unconstitutional and need not be obeyed. For myself I intend to manufacture what I want and sell the rest at cost. If .gov doesn't want to play by the rules I'm not either. But then again I've always had a problem with authority.

Jim

Two points:
The question of what magazines or how many I do or do not want to buy is irrelevant to anyone but me, or ought to be, and should remain so.

Those who place any confidence at all in the concept of "grandfathering" should examine Feinstein's 2013 draft ban law and notice that it proposes the licensing, background checking, registering, fingerprinting, and photographing of the persons possessing "grandfathered" prohibited items.

I'm from the government, and I'm here to help you (make you safe); grab your ankles. This is as good a time as any to wake up.

Buying up mags?

I just hit the lottery today. I was looking for something, and I found another 7 30 round mags that were already loaded. Life is good!

I just discovered I have quite a few 20, 30 and 40 round magazines that seem to fit AR type rifles in my safe. If a new ban were to make it illegal so sell or transfer those mags I have to wonder how the could possibly enforce that. There are no serial numbers on magazines. Even I don't remember who I bought them from. If I were to sell them it would be for cash. So how do they enforce that ban? I do like the larger capacity magazines because I can load up a hundred rounds or so and take them to the range where I can spend time shooting not loading magazines from a box.
The only thing you can take to the bank on this mess is that whatever the politicians so in response to the CT shooting is that it won't accomplish anything useful or make anyone safer.
This whole hoorah makes me want to buy a Slidefire stock for my AR.

They will not be illegal to use.

Timing is key. Let's hope that another Supreme Court Justice isn't coincidentally "mugged" twice in the coming 4 years. Trading any current Justices for activists in their 40s is an invitation to losing all Constitutional Rights, bad news for America.

They will not be illegal to use.

No but they will be illegal to sell or give away if Dian Frankenstein has her way.

exavid said:

They will not be illegal to use.

No but they will be illegal to sell or give away if Dian Frankenstein has her way.

Click to expand...

That is a BIG 'if'.

And IF that if comes to fruition then, well, that perfectly answers the OP's question about why people are buying them right now

They would have to pump obnoxious amounts of funding into ATF to register mags as NFA items. Even most anti's see that as unfeasible.

If you have any doubt, ask yourself the gov has bought millions rounds of hollow point ammo. Nuff said.