Once-Fired 5.56 Brass in Ammo Cans

[Rockzilla]

okay it's at $7,700.....ouch

-Rock

 

[jusaduffr]

Yup, I saw that. Looking at some of the others, the 23k lb. lot is going for $108k. But all are moving higher from last night.

 

[Rockzilla]

was in the bidding for while ...looking at others to bid on, sad thing is with all of political stuff going on at present, certain once fired cases are going for crazy prices.. have located some others I may bid on.

-Rock

 

[tttongli]

Are we officially out dropped out of the race?

 

[Rockzilla]

at this time some have expressed limits as to how much per round break down..some have set limits on the total bid dollar amount...I am still watching this and seeing where it goes. So...

-Rock


now at $8,350 @ 13:18 time
$9,400 @ 16:20

also if there is enough interest to go after other auctions would be willing to bid, toss it around as mentioned if we
can get enough people. suggestions???

 

[jusaduffr]

now at $9400 @ 15:54.

 

[obiii]

Over and done. Went for 11,000.00. Figure in the 10% and state tax, total bid would be around 12,760. Breaking this down, it works out to 12.10 per pound including scrap weight. Figure 15.00 per pound for the brass, bringing us to 20.8c per case. Why do we have to live so close to the Beltway and all the idiots residing there abouts?

Anniston, AL went for a total bid of 110,011.00. This breaks down to .093c per case, but a lot of upfront money. Of course neither of these two case prices reflects shipping to the final resting place.

Not to be a conspiracy theorist or anything, but could it be govt shills driving it up to these high prices and then using our tax dollars to pay for it? Finally sending it to a shredder to be shredded and sent to china, so us poor right wing extremist can't reload it. Who knows?

 

[Brass42ndspt]

Shocking!! Lot of interesting ways to look at ALL of today's auctions. I can tell you the one's I participated in had SEVERAL (>3) big buyers come in with less than 5 minutes and more than double the price. With shelves empty of loaded ammo, could be brass suppliers or manufacturers coming in and buying the cleanest ready to melt brass on the market. I don't think many of the 3k+ pound lots went to reloaders. Without bidding on the $20k plus lots, I could not see if the same bidder was sending 1 truck to pick up all lots. Next time I will bid all lots in the beginning so I can see if 1 bidder takes all lots per location. Most prices did equalize in price per pound in the last half hour, before the ending bids determining sale price. Some lot's were bid almost to reconditioned Brass prices....these will be the buyer remorse types soon.

 

[GTOGUNNER]

Some buyers would not have to pay sales tax either...

 

[jusaduffr]

I know this is an old thread, but I was just wondering if anyone was going to try again this weekend? Or is it pretty useless to try to bid on the brass?

 

[stu929]

Wouldn't say useless but from the recent prices it has been stupidly expensive for spent brass lately.

 

[Brass42ndspt]

I plan to bid on several of the very small lots (1000 lbs) on the last day, but don't expect the prices will be any less stupid than the last auction. You did notice they have gotten smart and broke most of the lots into small single pallet size. Even still, probably only worth a last minute bid. Would be nice to get a couple hundred pounds @ no more than .07c/piece, but probably headed for double that again.

 

[Brass42ndspt]

Obiii,

Just re-read your comments from above about being close to the beltway...I placed bids on the Vandenberg AFB in CA brass as well as the Jolon CA Army brass and they climbed just as high as that PA sale. As you suggested, the Gov may be quietly buying and shredding. Most retailers are out completely and unless some start offering soon, we may find out that is just what has been happening this time around. Time will tell.

 

[Rockzilla]

Okay here we go I currently have 5, I will be bidding, so keep your eyes open..

http://www.govliquidation.com/auction/view?id=6092717
http://www.govliquidation.com/auction/view?id=6092774
http://www.govliquidation.com/auction/view?id=6092658
http://www.govliquidation.com/auction/view?id=6044189
http://www.govliquidation.com/auction/view?id=6044539

some 9mm/ 7.62 but most 5.56
-Rock

 

[jusaduffr]

Okay here we go I currently have 5, I will be bidding, so keep your eyes open..

http://www.govliquidation.com/auction/view?id=6092717
http://www.govliquidation.com/auction/view?id=6092774
http://www.govliquidation.com/auction/view?id=6092658
http://www.govliquidation.com/auction/view?id=6044189
http://www.govliquidation.com/auction/view?id=6044539

some 9mm/ 7.62 but most 5.56
-Rock

Looks like 6092717(645lbs) is up to 2.40/lb. The highest "per lb." of all the lots in all the states so far at 02:52.

 

[Dukes Defense]

The original auction closed at $11K. The original weight was about 1050lbs @~70 cases per pound = ~73500 cases. Cleaned up and sold for $.20 a case, likely to double your investment at a minimum or more if you clean, sort and sell directly. Brass per pound as scrap is worth about ~$1.25.

 

[Diamonddoug]

Hey reloaders just bought .223 brass for .10 case. This guy is great to deal with
William.stoldt@gmail.com

 

[jusaduffr]

Anyone going to FL or AL? Looks like Jax($4.0/lb.) and AL($3.8/lb.) is cheaper that PA($5.89)...right now.

 

[Rockzilla]

have family in jax not far away from the place...I didn't include them as the lot contains "blank cases"

-Rock