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7.62 x 39 ammo...

Discussion in 'Rifle Country' started by JohnnyK, Dec 28, 2012.

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  1. JohnnyK

    JohnnyK Member

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    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:
     
  2. CoRoMo

    CoRoMo Member

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    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.
     
  3. Giterboosted

    Giterboosted Member

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    Norinco is collectible? I have lots
     
  4. JohnnyK

    JohnnyK Member

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    I'm glad I bought and stocked up when it was cheap and readily available...
     
  5. aka108

    aka108 Member

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    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.
     
  6. CoRoMo

    CoRoMo Member

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    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.
     
    Last edited: Dec 28, 2012
  7. GWARGHOUL

    GWARGHOUL Member

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    Wow.

    I picked up Wolf military classic.. 1000 rounds for like $215 shipped back in March.
     
  8. M1key

    M1key Member

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    March? That was several mass shootings ago...

    M
     
  9. nathan

    nathan Member

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    Excuse me for my ignorance, LGS stands for ?
     
  10. JVaughn

    JVaughn Member

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    local gun store
     
  11. nathan

    nathan Member

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    Thanks
     
  12. mberoose

    mberoose Member

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    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.
     
  13. jonnyc

    jonnyc Member

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    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.
     
  14. Liberty1776

    Liberty1776 Member

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    feh. It's all just shootin' ammo. (Just my opinion)
     
  15. Rollis R. Karvellis

    Rollis R. Karvellis Member

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    I, have some Norinco x39 at the LGS, and now I, feel even less guilty at the price I'm asking.
     
  16. Torghn

    Torghn Member

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    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.
     
    Last edited: Dec 29, 2012
  17. jonnyc

    jonnyc Member

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    "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.
     
  18. mberoose

    mberoose Member

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    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?
     
  19. chris in va

    chris in va Member

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    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.
     
  20. Balrog

    Balrog Member

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    I have never heard of anyone collecting Norinco ammo. Who does this?
     
  21. Torghn

    Torghn Member

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    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.
     
  22. BearGriz

    BearGriz Member

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    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.
     
  23. jonnyc

    jonnyc Member

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    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.
     
  24. mberoose

    mberoose Member

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    Sure thing, bud. We're all just making this stuff up, you're right.
     
  25. Swampman

    Swampman Old Fart

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    @ jonnyc
    So why do you hoard 7.62x25 and 7.63 Mauser ammo?
     
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