Brass ammunition values fall to $2.26/lb. in military sale
Oct 04, 2007 | 12:25 PM
| Paul Schaffer
The average auction price of brass ammunition scrap from the U.S. Defense Department has fallen to $2.26 a pound from $2.52 in mid-September, although some of the decline might be due to the generally modest size of the 10 lots being offered.
The most expensive lot went for $3.54 a pound in Pennsylvania. Another buyer landed four offerings of spent brass ammunition scrap in Alabama for $3.40, $3.23, $2.17 and $1.10 a pound, and the same company won a similar lot in Maine for $2.40 a pound. The Alabama offerings below $2.25 were weakened by spent primers in one case and by shotgun....
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