Price for AK-47s in Iraq

In Iraq, the prices of small arms have increased since the U.S. invasion. According to a report by the New York Times, Kalashnikovs were priced between $75 to $150 in early 2003. By late 2006, the prices increased to the range of $210 to $650. In some areas of Iraq, the price has increased to $800, with compact Kalashnikovs favored by Osama bin Laden selling for as much as $2000.

Source: C.J. Chivers, “Black-Market Weapon Prices Surge in Iraq Chaos,” New York Times, December 10, 2006.

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