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Posted: 9/19/2004 12:48:48 PM EDT
How long will the mag market be inflated? I've heard the old-timers talking about how NIW 30's used to go for $5-$10 and 20's were practically free. I guess we've been programmed to pay ridiculous prices for used and refinished mags for so long, it will be will be a while before the baseline shifts back to the way things used to be. Or will it? Other states having their own ban doesn't help (still a market for pre-bans). With troops overseas, I guess the gov't doesn't have any reason to flood the market with surplus mags. Maybe the next gunshow will have some good deals.
Link Posted: 9/19/2004 1:05:08 PM EDT
Well, I already got some new in wrapper 30 rounders for 11.50 and an OD mag carrier came with each 4.
Link Posted: 9/19/2004 1:15:43 PM EDT
Distributors or dealers who paid high prices for their existing stock won't be in a hurry to drop prices, so it will take some time and price pressure from their competition for them to decide to finally do so and cut their losses.

Free market at work.

Link Posted: 9/19/2004 6:07:07 PM EDT
Link Posted: 9/19/2004 10:48:11 PM EDT
I picked up 5 Adventure Line's with about 70% finish for $6 each this past weekend! Gotta Love it!
Link Posted: 9/19/2004 10:49:34 PM EDT
[Last Edit: 9/19/2004 10:49:43 PM EDT by Taxman]
I say $10 is decent for a new one that was my price I would pay for used ones during the ban.
Link Posted: 9/19/2004 11:28:59 PM EDT
Well, the civy market for mags was pretty dry for the last... oh ten years. Obviously because we could'nt buy them. Now, the distributers with the lowest prices are all out due to the sunset. It's simple economics: The guy selling NIW 30's for $11.50 goes out first. Then everyone turns to the guy selling them for $12.50. Then $13.50 and sofourth.

Us civies soaked up the market so quick that $16-17 is fairly common right now. All the ditributers are waiting for their next shipment of mags to sell. Oh, and when I say shipment, I mean thousands of mags.

Give it a bit of time. The NIW @ $11.50 will be back. That's about as low as it will go, though. I asked my magic 8 ball and it told me: "That outcome seems certain." So you'll have to trust me.

For the next year or so mag sales will will probably be a feast or famin as the flood gates open and close.
Link Posted: 9/20/2004 3:56:50 AM EDT
I picked up brand new at a gun show this weekend, 30's for $11 and 20's for $15. The dealer said she has to pay $7.50 for the 30's. I don't see them getting much below $11, maybe $10. Troy is right, inflation. We will never see $5 mags again.
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