I went to the San francisco gun show over the weekend, it was a freaking madhouse on Saturday- when I went through the door at 9:15 they had already let in 4500 people
. All of the 5.56/.223 was GONE within an hour and .22lr was gone within 2 hours. I sold a bunch of my surplus 12 gauge 00 buckshot at a buck a round with no complaints whatsoever. They said that an estimated 10,000 showed up on Saturday, http://sanfrancisco.cbslocal.com/2013/01/14/record-gun-show-crowd-packs-cow-palace/
I was pleased to see on the news that they pointed out that nobody walked out with a newly purchased gun (the so-called "gun show loophole") due to the mandatory 10 day waiting period here in CA and they didn't show any crackpots in their piece either (which surprised me a bit). I went back on Sunday and it was like any normal Sunday at the gun show, albeit with far more empty booths than I have ever seen and little ammo left, although there was quite a bit of 7.62x54 still available though I didn't bother checking the price as I don't have anything that shoots it. I did bring a bunch of my surplus ammo and sold some of it. I was getting $40 for a brick of .22 and a dollar a round for 12 gauge buckshot. I didn't bring any 5.56/.223 but if I had I probably could have gotten anything I was willing to ask for it. Lots of people asking for it, and 9mm as well.
Definitely a sellers market.