Brass ammunition value jumps to $2.65/lb. in military auction
Oct 10, 2007 | 12:08 PM
| Paul Schaffer
Brass ammunition scrap averaged $2.65 a pound in an auction of U.S. Defense Department material, rebounding from both the unexpected $2.26 trough of Oct. 2 and mid-September's $2.52.
Five companies submitted winning bids totaling $760,769 for the seven lots, with implicit values ranging from $2.51 to $3.14 a pound.
The high bids came to $3.14 in Georgia, $2.87 in Indiana, $2.68 in Washington, $2.63 in Georgia, $2.58 in California, $2.55 in Nevada and $2.51 in Utah.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here