5.56 brass

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kendak

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I've been offered [3] 55gal. drums full of once fired 5.56 military brass before it goes to the scrapyard ...they want me to make them an offer ...I've bought 5gal buckets full before but have no idea what to offer or what a drum weighs ....anybody got any ideas ??...thanks :)
 
this is probably what joustin was referring to if you need to cite sources. http://www.govliquidation.com/auction/view?auctionId=5811216

and brass appears to be running about $2.25 a pound. http://www.recycleinme.com/scrapres...aspx?psect=1&cat=US Scrap Prices&subcat=Brass

so 2.25*600=$1350 or offer 11x whatever you paid for 1 5 gallon bucket. But before you drop the money, do you *need* roughly 44,200 5.56 cases? it seems.......enthusiastic. If you were to load them all at roughly $.30/rd you'd be out about $15,000 and it would have taken you a month of reloading 24/7 to load them all.
 
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take a bathroom scale, and a bucket with you and meausre out 1 drum. depending on what scrap price is around you is the major factor. around here its holding around 2.00

or

go online to government surplus sites, and see what crazy prices people are paying and tone your numbers down by about a 3rd to a little about 1/2 of what they paid.
 
I recently bought 7k pieces of brass from some fellas for $475 and I then cleaned it and sold it in 1000 and 500rd lots. I about doubled my money. It was a good bit of work but worth it.
 
Scrap ammo brass goes for about $1.85 around here. Clean (non-ammo) scrap brass is about $2.25. Going by the 600lb per drum theory I'd probably offer $3000 and see what they say. If you can get it for $3k and sell it all for $100 per 1k lot you'd make about $1400. You'd make about $2500 if you sell it for $125 per 1000. Using either of those examples you could potentially make enough profit to legally have to pay taxes on it, so figure that into the equation or take your chances.
 
Might want to find out if the brass has been destroyed by a heating process. I can't remember what it's called, but brass is heated to a high temp, it may look fine, but it is not suitable for reloading.

What's that process called guys?



I remember now! It's called "Heated Popper" !
 
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If it checks as safe, it sounds like the beginning of a group buy. Had I the funds, I would scoop it up then distribute like 1k each at cost plus shipping.
 
looks like I can get all 3 drums for 1k ....straight military range brass [including grass & dirt] & noooo I do not need any of it as I already have 15K processed brass ready for a trip through the 650 just hate to see it go to the scrapyard ...thanks for the help
 
165 gallons of 5.56 brass could be broken into smaller quantities and sold for a huge profit. I'd pick it up in a heartbeat.
 
there are about 825 pieces of 223 brass per gallon, so in those three drums... if they are all the way full, you have over 136k pieces of brass. Lets be on the conservative side and say you only get 80% of that in brass you can sell. 109 1k lots of brass sold for the fair pre panic price of $75 is is doing many reloaders a favor and putting some coin in your pocket... to be exact, $7,175 after the brass cost. It will take a good bit of time to sell but much better than seeing it all go to be melted down. Id buy it in a heartbeat, at the rate were going, I think anything firearms related will be a hot item for the next year+
 
Sounds like a pretty good deal. I'd take it in a heartbeat. It would be easy to do many reloaders a favor and still make a good profit.
 
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