AK-47, AK-74 Buying Panic Begins

K-Var AKs out-of-stock (courtesy k-var.com)

Once again, the firearms industry owes President Obama a debt of gratitude. The CIC’s ban on the importation of new Kalashnikov Concern firearms has created yet another politically-inspired sales surge. “We sell some of the Kalashnikov Concern stuff,” Robert Keller, manager of Las Vegas-based firearms distributor K-Var Corp told money.cnn.com. “That has been selling fast.” In fact, K-Var has no more Russian-made AK-47’s or 74’s in stock, and won’t be getting any more until the ban’s lifted. Given the political backlash against Russia’s role in the downing of Malaysian Airlines flight MH 17, that won’t happen for the foreseeable future. While the Russian-made AK’s are ubiquitous and there are plenty of alternatives (i.e. Bulgarian SAM7), prices of used Kalashnikov Concern rifles are starting to rise. Like you didn’t see that one coming.