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We have 3 early production 500's. All 3 will malfunction with full power loads. This phenomenon is well documented with high speed video.
I don't care for the crazy recoil so I started loading cast bullets. Then I switched to powder coated cast bullets.
2 of them are muzzleloader bullets a 250gr Lee REAL and the 360gr hollow base mini. Either one will darn near shoot one hole groups at 50 yards.
In fact today my brother shot a doe at 100yards with the 250gr.
Both are mild loads using 12gr Unique.
I also load the Lee 440gr. I have 2 loads worked up with this bullet. One is 13gr Unique the other is 27.5gr Lil-gun. Both are super accurate.
A third load we have used with success uses the Hornady FTX bullet with near top end loads of either Lil-gun or H-110/W-296 (you know they are essentially the same powder) at least late manufacturer they are. However we have experienced the aforementioned malfunction with these as well.
I don't know why you think you need a hollow point and absolutely disagree that these pistols are not accurate with lower power loads.
Oh I almost forgot. We recently got a 4th 500. It's was a used performance center model. The only thing we've shot from it so far is the 440gr with 27.5gr Lil-gun. It's a freekin tack driver.
This load shoots 1450 fps. That's an ounce of flat nose projectile traveling 1450 fps. I don't think very many animals in the USA would stand much of a chance.
The recoil is not mild but very manageable.
If you must shoot commercial bullets I can definitely recommend the Hornady FTX.
Optics help a lot too as far as shooting groups. My personal 500 is the only one that still has open sights. I put a fiber optic front on it.
I actually just switched to the 27.5gr Lil-gun load for mine because the slower 13gr Unique load shoots too high at normal hunting range (50 yards) and my sights are down as far as they can go and I have the tallest front sight available.
I know sounds funny but the slower round spends too much time in the barrel allowing the muzzle to rise more before it exits.
Bottom line. 4 different pistols although 3 are the same model. All 4 are super accurate mild to wild.
Motor
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@Motor1 :
Thanks for the reply, it's just the kind of info I was looking for. It will at least give me a place to start without a lot of hand-busting, start all over from the beginning work ups. Let me try to answer some questions as well as ask more too.
The gun is a novelty gun. I have no useful purpose for it. I don't hunt so it is just for blasting stuff into oblivion (fruit, veggies, canned goods, ice blocks, etc.). Jerry Miculek's videos are a bad influence
I've been doing it for years with various pistols and rifles and video recording the explosive results to watch in slow motion. It is quite an astonishing thing to see. I've shot video from the front and sides and saw the events from the moment of impact to total destruction. It's just for fun. I've also turned the camera on the gun and caught the fireball from the barrel/cylinder gap. The 500 blasts a foot long fireball out both sides ! It's stunning to see and it's over in a fraction of a second.
With that in mind, hollowpoints cause the most damage which is why I need them. Maybe a wide flat nose would work.
I've found that I often get better accuracy from my cast bullets VS jacketed at shorter ranges. This type of shooting is done at about 20-25 yards with pistols. I have thought about casting and PC'ing bullets for this gun but the compensator looks like it can be easily clogged up and would be nearly impossible to clean if it does. Are you finding yours getting clogged up ? If not I would switch to cast and lighten the load. I don't NEED a heavy load and would rather have it be lighter. When I said that about high pressure loads, that's what I found on most sites. Many guys say these guns perform best up there. I find that hard to believe. I have several extremely accurate loads at or under the listed start loads. I think this gun would be no different.
Since H-110 can't safely be reduced much I'll take your suggestion to use Lil-Gun. Also, I've thought of using optics. Apples, oranges and canned corn aren't very big from 25 yards and the 2'' groups I get now would probably just nick or miss completely 3 out of 5 rounds, not good. A scope or red dot would help a lot. It's already drilled and tapped from the factory so why not ?
I think a 1/2'' dia. flat nose bullet at moderate speed from this gun would turn any kind of produce into vapor so, with your helpful suggestions, that's the direction I'm going to take. Less recoil, better accuracy = more shredded veggies.
Thanks for the starting advice, Motor.
ETA: What is the malfunction you are talking about ? What happens ? Can it happen to my later production gun ? I searched but only found reloading mistake blow ups, I don't think that's what you mean.