Banning Russian-made AK-47s sets off a U.S. buying frenzy

Thirty-six hours after the Obama administration banned importation of the classic brand of AK-47 assault rifles as part of sanctions against Russia, a Maryland dealer specializing in the weapon took stock of its inventory.

There was nothing left.

Laboring almost nonstop, workers at Atlantic Firearms in Bishopville, a Worcester County community on the Eastern Shore, had shipped hundreds of Russian-made AK-47s — an assault rifle prized by both consumers and despots — as buyers wiped out gun dealers’ inventories around the country. The frenzy was brought on, in part, by a suspicion among some gun owners that the Russia-Ukraine conflict was a backdoor excuse to ban guns many Democrats don’t like. Some customers bought eight to 10 rifles for nearly $1,000 each or more, stockpiling them as investments.

via Banning Russian-made AK-47s sets off a U.S. buying frenzy – The Washington Post.

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