Current FMV for small pistol primers?

[OCEquestrian]

I have come into a few thousand small pistol primers... wondering what they are worth in todays market...

[sigguy552]

Look at gunbroker for the high water mark.

[OCEquestrian]

Look at gunbroker for the high water mark.

Thanks, looks like about $300 / 1000 is the general asking price.

[JackEllis]

Thanks, looks like about $300 / 1000 is the general asking price.

It depends on how long a seller re prepared to hold on to them, how quickly supply catches up with demand, whether the seller is prepared and willing to ship them, and probably a couple other factors.

I've been advising someone who's trying to sell her husband's collection of firearms stuff and suggesting primers would move quite easily at $120/thousand. If someone wants to buy them at that price and flip them for a higher price, then THEY take the risk of an unexpected market turn that leaves them with a loss. Musical chairs comes to mind.

[sigstroker]

It depends on how long a seller re prepared to hold on to them, how quickly supply catches up with demand, whether the seller is prepared and willing to ship them, and probably a couple other factors.

The gunbroker market would be a lot more competitive except that most people are not able to ship them.

I've been advising someone who's trying to sell her husband's collection of firearms stuff and suggesting primers would move quite easily at $120/thousand. If someone wants to buy them at that price and flip them for a higher price, then THEY take the risk of an unexpected market turn that leaves them with a loss. Musical chairs comes to mind.

They can likely get more than that. Why should they shortchange themselves?

[JackEllis]

They can likely get more than that. Why should they shortchange themselves?

The way I look at this, they might be able to get more than $120, but other factors come into play, like whether the local demand is there, how quickly they might want to sell, and what others are paying.

From work I did in another life, I've got at least a rudimentary understanding of how markets with posted prices and lots of transactions work. In those cases, the fair market value is blindingly obvious.

The secondary market for primers isn't like that at all. Folks on Gunbroker may be able to get as much as $300 but I haven't seen any postings like that in the Marketplace forum and I've also seen asking prices at $150 and above sit for quite a while. Maybe the aggregate demand for primers in LA is greater than it is up in the mountains where I live. If I don't NEED to sell primers I might be willing to hold out for a higher price, but if I need cash my situation is different.

To some extent the same considerations affect prices for things like oil, gasoline and lumber. Gasoline is a buck a gallon more expensive where I live than it is in Reno, but no more than perhaps 30 cents of the differential is due to state taxes, and I know that because if I drive just a short distance to the east of Truckee, the price of regular unleaded is 70 cents cheaper than it is at the outlets a mile from where I live. Why is that? Because there are only two stations in town and they've figured out what kind of premium they can charge.

BTW I'm not suggesting sellers should shortchange themselves, but there can be more to pricing decisions than using the highest asking price as a guide.

[OCEquestrian]

The way I look at this, they might be able to get more than $120, but other factors come into play, like whether the local demand is there, how quickly they might want to sell, and what others are paying.

From work I did in another life, I've got at least a rudimentary understanding of how markets with posted prices and lots of transactions work. In those cases, the fair market value is blindingly obvious.

The secondary market for primers isn't like that at all. Folks on Gunbroker may be able to get as much as $300 but I haven't seen any postings like that in the Marketplace forum and I've also seen asking prices at $150 and above sit for quite a while. Maybe the aggregate demand for primers in LA is greater than it is up in the mountains where I live. If I don't NEED to sell primers I might be willing to hold out for a higher price, but if I need cash my situation is different.

To some extent the same considerations affect prices for things like oil, gasoline and lumber. Gasoline is a buck a gallon more expensive where I live than it is in Reno, but no more than perhaps 30 cents of the differential is due to state taxes, and I know that because if I drive just a short distance to the east of Truckee, the price of regular unleaded is 70 cents cheaper than it is at the outlets a mile from where I live. Why is that? Because there are only two stations in town and they've figured out what kind of premium they can charge.

BTW I'm not suggesting sellers should shortchange themselves, but there can be more to pricing decisions than using the highest asking price as a guide.

The market is always an efficient pricing tool. I may post 1000 in the classifieds and see where pricing equilibrium is.

[edgerly779]

$120 is a bargain now I easily got $150 per k for some. Whn turners has them 10 per hundred with a limit plus tax.

[pennstater]

These prices are F'ing crazy. Don't need any at those prices. Don't need them anyway. Wonder if some will learn from THIS shortage? Damn.

MLC

[OCEquestrian]

These prices are F'ing crazy. Don't need any at those prices. Don't need them anyway. Wonder if some will learn from THIS shortage? Damn.

MLC

No, people never learn, that's why history always repeats itself. Ill list them high and see how low they go before they sell. I don't reload so I don't need em...just a fun little experiment.

[phil conrad]

They sell fast at $120.00 per thousand. Federal primers seem to get a bit more.

[TomReloaded]

Ive seen that guy selling primers for $170 bump his fs thread quite a few times. They don't seem to be moving.

The 120-150's move in a few days. Maybe some dumbass is biting those $200+ sales on GunBroker, but who knows. There's kind of a lot going for $150, especially in socal.

[sigguy552]

The vast majority of sellers are I llegally shipping them on gunbroker so in that sense, the prices there do reflect market efficiency.

[sigstroker]

Ive seen that guy selling primers for $170 bump his fs thread quite a few times. They don't seem to be moving.

The 120-150's move in a few days. Maybe some dumbass is biting those $200+ sales on GunBroker, but who knows. There's kind of a lot going for $150, especially in socal.

The world is wider than calguns classifieds.

[pennstater]

Gougers abound! Anybody paying these extortion prices are, well.......,
F'ing crazy. Man oh man.

MLC