- California authorities found a man illegally owning 248 guns and 1 million rounds of ammo.
- The state attorney general said he also had 3,000 magazines and several grenades in his home.
- The guns included 11 machine guns, 133 handguns, and 60 assault rifles, authorities said.
Cheap non remanufactured range 9x19mm ammo is about 18¢ a round. Or ~$180 per 1,000 rds.
But prices vary drastically by cartridge. .22LR might only cost you 10¢ per round but .50 BMG might cost $3.20 per round (both non reman cheapest prices). Without knowing what cartridges they were and how many of each we can’t really calculate the total value.
This is a good website for the actual market value of ammo:
https://ammoseek.com/ammo/9mm-luger?co=new