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I. Supply and Demand
Here, in the third decade of the 21st century, the most sought-after ammunition in the U.S.
Illustrations by Mike McQuadeImage above, clockwise from top left: A U.S. Army Special Forces sniper, 1991; the aftermath of Operation Eagle Claw, the failed U.S. rescue operation in Iran, 1980; a marine during the invasion of Grenada, 1983; Captain Vernon Gillespie Jr. in Vietnam, 1964; soldiers on patrol at Camp Victory, in Somalia, 10 days after 18 Americans were killed during the Delta-led Battle of Mogadishu, 1993.*This article was published online on March 12, 2021.Updated at 7:17 p.m.