Magazines ......

[Fourtyfive]

So Pmags are all over the place like EBay averaging $60 each , the rest that are gone from major suppliers are getting shipped to their buyers about now or next week. January comes and we could see the hi-cap mag ban. So can these mag hoarders still put their hundreds of mags up for public sale like on the Internet and reap their profits or would it then be illegal and they have to eat mags for dinner ?

[GlockSpock]

Depends entirely upon what sort of ban we have. It could be that the roughly $10 that each mag is worth could be $100, or even more, in a few months. Depends on legislation. I believe after the '94 ban, you could still sale whatever you wanted to as long as it was "pre-ban". In that scenario, you have a very fixed number of magazines (supply) and theoretically an increasing number of people wishing to purchase them (demand). In the scenario, the sky is the roof in determining the price of a Pmag. It's called capitalism. However, we'd have an artificially reduced supply (legislatively), so prices would skyrocket.

 

Or it could go the other way, and legally speaking you could only possess what you already own with no option for transfer. Worse case scenarios? Either you have to register each high capacity magazine with the BATFE for $200, or not even be able to posses them at all legally.

 

How it plays out is really up to us. If we (gun owners) lay down to sleep and accept whatever is imposed against us, then it could be very bad. If we (gun owners) call and write our representatives, encourage others to do the same, and educate the "uneducated" about things, we stand a chance. And in that scenario, hopefully in a few months it will be exactly the same as it is now.

 

I will say this though: If people are getting frustrated with current market prices of rifles and Pmags, keep in mind that current market pricing will look like a bargain if anything resembling a ban happens.