Those days are pretty fuzzy for me.....for various reasons. My first AR was an SP1 purchased around '67-68. I remember jumping on Shotgun News whenever I could get my hands on a copy. I wish I could remember who the actual suppliers who advertised thru SN were. I know J&G Sales was one & that might be who I bought the IVI from. Sarco was around too but I don't remember buying ammo from them. Back in those days if you lived in the country & you drove a pickup it had a gun rack mounted to the back glass. I do remember how everybody wanted to see that SP1....and most everybody assumed it was a full auto M16.
I remember the first time I found and bought 62 grain "SS109" aka C77 mil surp. It was Canadian IVI at around 10 cents per when buying by the case (only way it was offered back then). That was probably early 80's. It was decent ammo, don't remember any issues with it. I also remember the headstamp date was fairly recent which surprised me at the time. I wondered why it was surplused so soon. The 55 grain I shot mostly back in the day was Malaysian.....weird how I remember the word "Butir" on the white boxes. It's crazy, I remember shit like that but where I set my screwdriver down 30 seconds ago......NOT! The Malaysian M193 was sold for about the same price as the IVI. The Canadian & Malaysian was good solid ammo & the price was definitely right. When it came to 7.62 NATO I always bought the 200rd belts and delinked. It was always Lake City & I don't remember any alternatives...at least at the gunshows.
I think a lot of USGI milsurp (at least the 7.62 NATO) "fell off the truck" back then....just my guess, no way to confirm. 200rd boxes of 7.62x51 belted w/tracer for M60's were always present and cheap at least at the fun shows in the Midwest back in the late 60's & 70's. That was the only ammo I bought at gunshows....forgot about the 45acp. Plenty of that floating around & it was decently priced. Prices were substantially cheaper for 5.56 thru Shotgun News. I don't remember buying any 5.56 at the shows, only 7.62 & 45. But anything else milsurp was CHEAP...webbing, parts, clothing, M1 carbine mags, BAR mags, Thompson mags, 1911 mags....you name it. If it was produced for the military it was there, and most the vendors had the same stuff so the prices were right. Lots of WWII and Korea stuff. Vietnam was going on so not that much current stuff was available.
I remember plenty of spam cans from WWII & Korea. Unfortunately I wasn't into M1s yet. My first M1a was purchased mid 70's. The receiver was the only part that wasn't GI back then. Wish I still had those rifles. Who'd a thunk it? I didn't get into Garands until much later, and carbines after that. By then, IMO, gunshows weren't funshows anymore. Too crowded and most vendors had become greedy and some even dishonest. Now I can afford to shoot much more, but my eyes.........SUCK!
Enjoy it while you can fellas!