ARTICLE
Gun Enthusiasts Predict Ammo Shortage Turns to Surplus
JACKSONVILLE, Fla. -- Gun enthusiasts say a national ammunition shortage may be coming to an end.
Ammo prices skyrocketed during an uncertain future for gun control.
It drove many to stock up.
"I just wish I was selling shelves or closets because I'm sure a lot of them have collapsed already from putting all the ammo up there," said Raymond Wallac.
But Raymond Wallac, the "R" of RM&D Enterprises, isn't into shelving. He's into guns and all the accessories and ammunition that come with them.
Business has been good. With a new administration came uncertainty about the future of gun control, driving gun owners to stock up on ammo.
"The rumors started that it was hard to find and they went out and bought all the ammunition and the rumor came true," Wallac explained.
But the fear is over, according to Michael Schoenberger, with the North Florida Gun Show, who says the shortage is on its way out.
"There could be a surplus in the near future," Schoenberger said. "Manufacturers overproducing and people are not buying the ammunition as much."
Schoenberger says between that at the economy, they're not selling as much.
Wallac's booth at the gun show is seeing the effects. At previous shows, RM&D Enterprises sold everything but the tables.
"We had to come we had a trailer, a van and the minivan and we had to send somebody back to get more stuff out of storage because everything sold," Wallac said. "We were selling more cases of ammunition than individual boxes."
But today, after the first day of the Gun Show, there are still many boxes left.
As the demand decreases, so does the price.
"380 could be in excess of $40 a box," Schoenberger said. "Now it's back to normal."
The price now - $12.50 a box.
But Wallac says it's just a matter of time before something prompts the surge again.
The North Florida Gun Show at the Morocco Shrine is open Sunday from 9:00 a.m. to 4:00 p.m.
Gun Enthusiasts Predict Ammo Shortage Turns to Surplus
JACKSONVILLE, Fla. -- Gun enthusiasts say a national ammunition shortage may be coming to an end.
Ammo prices skyrocketed during an uncertain future for gun control.
It drove many to stock up.
"I just wish I was selling shelves or closets because I'm sure a lot of them have collapsed already from putting all the ammo up there," said Raymond Wallac.
But Raymond Wallac, the "R" of RM&D Enterprises, isn't into shelving. He's into guns and all the accessories and ammunition that come with them.
Business has been good. With a new administration came uncertainty about the future of gun control, driving gun owners to stock up on ammo.
"The rumors started that it was hard to find and they went out and bought all the ammunition and the rumor came true," Wallac explained.
But the fear is over, according to Michael Schoenberger, with the North Florida Gun Show, who says the shortage is on its way out.
"There could be a surplus in the near future," Schoenberger said. "Manufacturers overproducing and people are not buying the ammunition as much."
Schoenberger says between that at the economy, they're not selling as much.
Wallac's booth at the gun show is seeing the effects. At previous shows, RM&D Enterprises sold everything but the tables.
"We had to come we had a trailer, a van and the minivan and we had to send somebody back to get more stuff out of storage because everything sold," Wallac said. "We were selling more cases of ammunition than individual boxes."
But today, after the first day of the Gun Show, there are still many boxes left.
As the demand decreases, so does the price.
"380 could be in excess of $40 a box," Schoenberger said. "Now it's back to normal."
The price now - $12.50 a box.
But Wallac says it's just a matter of time before something prompts the surge again.
The North Florida Gun Show at the Morocco Shrine is open Sunday from 9:00 a.m. to 4:00 p.m.




















































