Booming Ammo Demand Triggers New Market For Bullets In Oklahoma - News9.com - Oklahoma City, OK - News, Weather, Video and Sports |

NEWS

Booming Ammo Demand Triggers New Market For Bullets In Oklahoma

Posted: Updated:
Behind the walls of the corner shop is a stockpile of ammunition ready to hit the streets. The bullets are a commodity that store owner Chelsey Davis plans to treat just like gold. Behind the walls of the corner shop is a stockpile of ammunition ready to hit the streets. The bullets are a commodity that store owner Chelsey Davis plans to treat just like gold.
OKLAHOMA CITY -

A booming demand for ammunition across the country is forcing gun lovers in Oklahoma to find new ways unload. A limited supply of bullets is creating a market for buying and re-selling ammunition with at least one Oklahoma City business.

On Tuesday, Oklahoma Coin and Gold at N.W. 39th and Pennsylvania will be much more than a place to buy rare coins and jewelry. Behind the walls of the corner shop is a stockpile of ammunition ready to hit the streets. The bullets are a commodity that store owner Chelsey Davis plans to treat just like gold.

"I've had thousands and thousands of rounds coming in almost on a daily basis," Davis said.

Davis tells News 9 he thought of the idea to buy and sell ammunition shortly after President Obama won re-election. At that time, stores began selling out of bullets and manufacturers couldn't keep up with the demand. Today, the situation hasn't changed much. Stores throughout the Oklahoma City metropolitan area have been low on ammunition for weeks.

"You ask [store employees] when [bullets] come in, and they say they don't even know," Oklahoma City gun owners Kenny Cox said. "They … say get [to the store] early in the morning."

Davis first shared his business idea with News 9 in February when he was buying bullets. Now, he's ready to sell. Since the big-box stores can't keep up with the demand, Davis expects to have a lot of business, especially since there's no direct competition.

"I have not been tailgated yet, but I do expect it," Davis said.

Davis says pricing will fluctuate on ammunition at Oklahoma Coin and Gold, especially on bullets that are currently hard to find. Davis will start selling ammunition Tuesday morning. There is no limit on how much a person is allowed to purchase.

Special Features

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.

Mobile Alerts

Get breaking news, headlines, weather alerts & more on your cell phone.

Radars

See where weather is happening using our live interactive radars.

Classifieds

Use our free classifieds to find the things you need or sell your items.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

ESP Interactive
Powered by WorldNow
News 9
7401 N. Kelley Ave.
Oklahoma City, OK 73111
OKLAHOMA CITY'S OWN TM
Oklahoma's Own News9.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state including Oklahoma City's Own.
All content © Copyright 2000 - 2014, WorldNow and KWTV. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.