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Academy Sports has 5.56 Ammo in Drums

Discussion in 'General Gun Discussions' started by CheckFire, Jun 12, 2013.

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  1. CheckFire

    CheckFire Member

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    SOME of the Academy's are getting Federal XM855's (62gr.) in 30 gal. sealed barrels.
    12,500 rounds for $6500, all or none. Weighs 350#, bring a truck.

    Don't know exactly which stores, tho'. You'll hafta call if interested.

    If this is the wrong forum, mods pls move/remove. Just a public service announcement.
     
  2. allaroundhunter

    allaroundhunter Member

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    I guess one of those qualifies for their 1 box per customer rule :uhoh::eek:
     
  3. zxcvbob

    zxcvbob Member

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    That's way too high (IMHO it should be less than $4000) but it's still good to see -- the price will drop as the supply increases, and available-at-a-high-price is the first step.
     
  4. allaroundhunter

    allaroundhunter Member

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    Compared to what those are selling for in smaller increments....that's a great price...
     
  5. hso

    hso Moderator Staff Member

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    But the fact is that it isn't being offered in smaller increments and is instead being offered as more than a 12 case single package lot. Such volume and packaging (that packaging being very important for preserving the quality of the product) should result is a huge reduction in price per round. This is no good deal and it reflects badly on Federal and on Academy when the ammunition could be offered packaged in standard cases as a 10 case minimum for not much more than wholesale.
     
  6. Agsalaska

    Agsalaska Member

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    Yea that doesnt make any sense at all. I can by 20 rounds for 10 bucks. Why would I stay at 2 for 1 all the way up to 12,000?
     
  7. breakingcontact

    breakingcontact Member

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    Wow, this is just...weird.
     
  8. CheckFire

    CheckFire Member

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    $.52/rd before your state sales tax... guess Academy figures w/ their one box /day limit, you dont hafta stand in line for 625 days for each 20-rd box??

    Recent local gunshow/ private sellers prices in this area have been $.75-$1 per round, re-packaged. Ammo panic seems to be subsiding and supply improving.

    You could be spending the college fund...or building it...time will tell..
     
  9. Downeast

    Downeast Member

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    I saw the same drums at a shop here except, the price was higher, $7,000 for 12,500 rounds which works out to .56/Rd. Same shop is selling xm855 in bags of 100 for $60 (.60/Rd).
     
  10. hso

    hso Moderator Staff Member

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    Natchez used to sell this stuff for $4k per barrel and it was considered too high at that price (back over a year ago).

    [​IMG]
     
  11. Queen_of_Thunder

    Queen_of_Thunder member

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    As a matter of fact it does. Their ammo limit for certain calibers is one box each per caliber with a max of 3 calibers per day per person. Doesn't matter if the box holds 20 rounds or 12,500 rounds. You can buy that drum of .223 a box of 9mm and a box of 45acp and stll comply with their ammo purchase policy.
     
  12. X-Rap

    X-Rap Member

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    Wow, finally get a retailer charging market value and everyone is pissed off, what gives?:rolleyes:
    In the open/privateer market this stuff has been .90 a round to some peoples way of thinking it is still to cheap.
     
  13. Queen_of_Thunder

    Queen_of_Thunder member

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    Complain to the manufacture as they are the ones who packaged it this way. Now it would be nice to have a drum or two tucked away in the closet for those bad times in the future.
     
  14. jrdolall

    jrdolall Member

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    Gunbot shows several sites carrying .223 ammo for $.40 per round as of this morning and that s on a per box basis. I'm glad Academy is selling this but it makes no sense to pay $.52 for a drum and need a buddy to unload your ammo.
    Prices are moderating. $.40 is still way too high for .223 steel ammo but it is less than half what it was 3 months ago AND it is available from several sources. Most of the LGS I frequent have plenty of ammo available, other than bulk .22, but it is generally about 50% higher than I want to pay.
     
  15. Vector

    Vector Member

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    I agree, especially in bulk like that.
    The pre ban prices for decent bulk ammo in .223 was around $0.33 per round.
     
  16. stumpers

    stumpers Member

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    I agree.

    Like others have said, why overpay AND have the hassle of an unmanageable amount of ammo?
     
  17. Queen_of_Thunder

    Queen_of_Thunder member

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    Now thats a problem to have. To much ammo to manage.
     
  18. Owen

    Owen Moderator Emeritus

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    I'd be wary of anything coming from Lake City these days...
     
  19. X-Rap

    X-Rap Member

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    If those drums ever get down to around .27-.30 per round I'd like a few.
     
  20. Potatohead

    Potatohead Member

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    i'll take one
     
  21. Queen_of_Thunder

    Queen_of_Thunder member

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    Steel ammo? That's something that will never go into any gun of mine other than my AK74.
     
  22. r1derbike

    r1derbike Member

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    If ever I need that much penetrator ammo (think Blues Brothers' town hall police chase :) ), there's my source!

    I'd much rather have XM193 for plinkin', and match ammo for SD.

    That's a lot of ammo; more than I'd shoot for the rest of my life.

    jrdolall, thanks for the Gunbot site! Had not seen that one before.
     
    Last edited: Jun 13, 2013
  23. r1derbike

    r1derbike Member

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    Owen, what's up with Lake City ammo? I'll do some searches, never mind.
     
  24. hso

    hso Moderator Staff Member

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    Owen's pointing out what should be obvious with some reflection.

    Any large quantity bulk ammunition packed like this very frequently is rejected by the US Gov. and sold like this to the public. These "drums" are what I associate with such rejects.

    Makes the price a little less attractive if you're buying 400lb of components that should be pulled apart and used to load your own with, don't it?
     
    Last edited: Jun 13, 2013
  25. jrdolall

    jrdolall Member

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    Gunbot is a good site for keeping up with current offerings online. Ammoseek is similar. A month or so ago the people that had .223 were $1 per round and now there are 6-7 sites at or around $.40-.50 per round. Those of you who think the manufacturers are causing the high prices may want to look at that. I think it was/is retailers taking advantage and possibly some middle men jacking up their prices to smaller stores. I'm not faulting them at all because I believe in whatever the market will bear.

    A local guy earlier this week had 7.62x39 for $500 per 1,000 and acknowledged he was going to have to lower his price to compete. Gander has had most ammo all along but at higher than their normally high prices while Academy around here never has a box when I go in but then I dont visit at 7 AM. Walmart has been at pre-panic prices if you can get lucky and find it. At least i could keep up with my ammo if it was all in one drum. I always plan to keep mine organized and then I find 5 boxes of .223 hiding amidst the 9mm. Darned kids.
     
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