The present value or worth of something is what it will sell for in a reasonable amount of time. I have often wondered if my prices are too low when the item sells a hour after it is listed. However what could be defined as a reasonable amount of time will vary item to item. For reloading components a reasonable amount of time would be considerably less than say for a high end rifle simply because of the number of potential buyers. Unfortunately what we have paid for an item in the past or what we want to pay for an item is just a measure of what it is worth to us personally. What an item sells for in a reasonable amount of time is reflective of its current going price. As mentioned often, the retailers listed price for powder is not the cost to your door. If you pick it up in person, you have to factor in sales tax. Get it delivered and you have to add shipping and the Dangerous Goods Surcharge. I was at our local store yesterday, and as it is a new store I would assume their inventory is current stock. Looks like $85.00 a pound out the door is the new norm.
Price gouging
- Thread starter lwing
- Start date
- Location
- Northern Alberta
Is it socially acceptable to laugh at posters in the EE who are gouging? Or do you get infraction points?
Seen $1600 for 8 pounds of Varget on EE
Primers…no..Just crazy.
$1600 for a new model .30 carbine M1…and it was sold !
Seller are nutz but buyer at those price are no better.
Win 94 that were $700/800 a year ago..seller ask $1300/1500 for it now.
Primers…no..Just crazy.
$1600 for a new model .30 carbine M1…and it was sold !
Seller are nutz but buyer at those price are no better.
Win 94 that were $700/800 a year ago..seller ask $1300/1500 for it now.
this is incorrect for retail business , he buys at 20 sells it at 40 , buys the next batch at 30 sells it at 50 . buys the next batch at 100 sells it at 175 or whatever he feels correct to make a profit..
you dont take a loss if the market goes up after you purchase an item lol
There is no need to adjust the price of any items in stock, until new stock arrives, and you have stock purchased at multiple prices. You aren't going to keep advertising the old prices, when you paid more than that on the new stock on the shelf. So you have to adjust the price, as soon as you list the stock purchased at the higher price for sale. If you have no online store, and you don't advertise prices, then you can have multiple rifles and such on the shelf at different prices.
LeadMonkey
CGN frequent flyer
- Location
- Off The Radar
Clearly those complaining about prices fail to realize that the Canadian dollar is literally worthless now. You can thank the supreme leader for printing more money out of thin air over the last couple years than previously in existence.
You simply cannot print an EXTRA 400+ Billion every year and think your money is still worth something. It’s not the price of primers, powder, guns and ammo going up, it’s the currency being devalued by a planned hyperinflation.
Oh well, by 2030 ‘you will own nothing and be happy!’
You simply cannot print an EXTRA 400+ Billion every year and think your money is still worth something. It’s not the price of primers, powder, guns and ammo going up, it’s the currency being devalued by a planned hyperinflation.
Oh well, by 2030 ‘you will own nothing and be happy!’
- Location
- Western Manitoba
I suspect that "substitution" going to be more common - whether good idea or not - but want to make something that goes "bang" versus not having anything. I suspect will be a challenge for those that have only used one recipe for 30 years, and are now faced with not finding some components, any more.
Whaaaat? Literally worthless? It's exchange value against the US dollar has held steady through 2022 and is at about $.79 today. If the Canadian dollar can purchase the same amount against the US dollar as it has for months, how can it be worthless? Unless the US dollar is also worthless, which, of course, it isn't.
The increase in the cost of reloading components has nothing to do with Canadian government fiscal policy and everything to do with the same factors that are operating in the US and causing exactly the same shortages and price increases there--ruptured supply chains, shortages of raw materials, less than full-capacity manufacturing, diversion of powder, primers, etc., to military contracts, the effects on the labour force of the pandemic, etc.
sharp shooter
CGN frequent flyer
- Location
- Essex county (Ontario)
The prices DID go back down after the last drought. They may not go back down to where they were at three years ago but it never really got back to normal after the last drought. Was almost there then Covid hit.
PinkyPlinker
CGN Ultra frequent flyer
- Location
- Kenora, ON
That isn’t what he said. He said you can’t sell for less than replacement cost. If you sell at $40 and your replacement cost is $50 you lost $10. And you have one less customer looking to buy. Do that 100 times in a month and you have the same amount of stock and $1000 less.
saskgunowner101
CGN Ultra frequent flyer
- Location
- near Prince Albert
I'm actually surprised that it isn't (seemingly) more common for reloaders to have more than one "go to" load with alternative powders or components.
I have on the shelf a number of powders that will work well in the 30-06, but the 264WM has only one. I know I tried a bunch when I did load development. So that's not always true. On that same note, one of the reject powders are being used in BANG.
I don't think "literally worthless" means what you think it does.
From personal interactions with other hand loaders, they will purchase one pound of powder, sometimes two, but cringe at purchasing a larger quantity. Same goes for bullets and primers.
There doesn't seem to be any difference between casual shooters and serious shooters in general, concerning how many components they will have available.
I spoke with a fellow yesterday afternoon at the range.
He shoots 100+ rounds a week out of his rifles and more out of his handguns.
He never purchases more than two pounds of powder, a couple 100 ct projectiles and a couple 100 ct primers at any given time.
He shoots more than most, but has very limited knowledge on what he's shooting.
He keeps good records of his loads for each firearm and stays within the limits of the reloading manuals he has on hand.
He doesn't really grasp the parameters of different burn rates and just can't be bothered to get more informed.
Sooooo, he adamantly sticks to the recommendations in the manuals.
He's an excellent shot and has no problems with bullet drop calculations at lightspeed, just isn't interested in some of the other stuff.
He has a half dozen rifles that he loads for, given to him by his father and grandfather.
He's pretty upset with the constantly climbing prices on the components he likes and is completely reluctant to switch to another alternative.
He asked me if I would sell him a "pound" of H4831 and I refused. He of course wanted it at the five year old price it was purchased at.
I told him to go to the LGS and pick up a pound and I would trade him for it. He didn't take me up on the offer. I wonder why???
LeadMonkey
CGN frequent flyer
- Location
- Off The Radar
Faulty logic, the USD is also worthless… because SOME of YOU are hopelessly clinging to it as the world’s reserve currency doesn’t mean all trust has not already been lost on both USD and CAD fiats rendering both ‘worthless’.
I stand by what I said, if I’m still accepting cash on the EE it is only because YOU think it still has value but rest assured every dollar I receive is instantly converted to gold coins the moment I accumulate 2500 zennies.
