I too remember it selling for less than $100. I also remember buying the cheap 308 in battle packs (still have a bunch), 8mm by the crate, and even the 7.62x45 ammo that has almost disappeared. One of my first gun show purchases was a Chinese sks and a crate of ammo for $150 out the door. But those days are long gone, and if I sit arround waiting for someone to sell ammo at 18+ year ago prices, I'll spend less time shooting/enjoying life, and more time riding a chair in front of a computer.
Bottom line is it is rare ammo - never to be imported again, and for a price comparable to wolf, didn't think it was too bad of a price. Considering I've seen boxes of 20 selling for 15-20 dollars each.
My question, and the reason I resurrected this old post (after doing a search) was targeted towards the people who have shot this particular type of Norinco red box 7.62x39 ammo, and was it good or bad. And if they didn't like it, why?, etc.
Oh well, it is what it is.