Oh boy, there is a lot of dust in the air with this thread. I'm gonna drop some comments in the OP's questions:
I have a rifle that reliably groups around 1/2 MOA center to center at 50 yards with a lot of premium ammo that was produced in the mid 1980s.
- Ok, sounds good.
Should I expect to achieve similar performance with currently produced premium ammo?
- What indication or data point would make you think otherwise?
I’m not having much luck and have become reluctant to blindly search for something that doesn’t exist.
- How much effort / money have you thrown at this and what are your expectations as to an adequate amount of money to be thrown?
For what it’s worth, the old ammo that shoots so well is Tenex. I tried some 2025 Tenex; of ten 5-shot groups not one was under a half inch CTC.
- What is some? 5 lots, 20 lots?
I think the issues here are expectations relating to effort. Gonna drop a few observations in my time in the industry:
1. Top shooters spend a lot of time testing ammo to find the right lot to match their rifle. It's not an inexpensive task and there is no short-cut to top results. At times good ammo can be hard to find while at others it seems like a number of lots are smokin' hot.
2. The further you are up stream, the better you results will be. In that if you can visit the factory or ship the rifle to a test center, chances are in your favor of finding a good lot of ammo for your rifle when compared to buying at your local store or from a dealer who sells by the brick or doesn't keep a good handle of lot inventory.
3. If you are looking for accuracy and the first three groups don't look good, you can stop shooting that lot of ammunition. There is no need to keep shooting groups. It's easy to rule out bad ammo, it takes more work to accept / prove out good ammo.
4. If funds are limited and you can only afford to buy a few bricks here and there, then it's a bit of a crap-shoot. Just gotta do the best you can and can afford.
5. Back in the late Bob Collins days at Eley ( Bob was a true gentleman ), he would be upfront about which lots seemed to be selling out the fastest. He wouldn't tell you who was buying, but just saying that some lots were clearly performing better for multiple shooters than others. If you only had the funds for a few bricks, it's a hint to buy from those hot lots.
6. Often times you would find a killer lot, only to see it had sold out before you had the chance to order more. It was a frustrating part of the game. You had to order right away, test ASAP, and then get your case(s) on the way ( hopefully ).
7. At the big testing centers, I have seen shooters, me being one of them, who purchase the entire production run of a killer lot of ammo. Usually around 3 to 4 cases of the same lot at a time, depending on what they had remaining. When you find something that works and are competing, that's what you gotta do.
8. Don't compare your results to the competitive world of rimfire BR; it's about as far from a level playing field as you can get in the world of rimfire. I watched the late Bill Myers test 5 different rifles at ARA nationals one year, pulling from a truck load of ammo, No less than a dozen different lots to test from, and then settling on the rifle and ammo for him to compete with. If I remember correctly, 6 of the top 20 shooters shared a rifle that year. Him and his wife might have also shared, but I can't remember. Just know that the equipment list doesn't tell you how many lots of Eley or Lapua or whatever didn't make the cut, and what rifles at that time weren't up to snuff on that particular day. So for sake of discussion, if he had 5 differnet Hall actions, but only one shot well, 1 out of 5, is the Hall a good action? Well, if he won with a Hall, then maybe yes, but if four others were turds, maybe no. 1 out of 5 don't seem like good odds. My point here is you are blind to what didn't work. Blind to how many turd lots were passed over. If shooters are sharing a gun, then what was the other one that they felt wasn't up to the task? You'll never know. And I'm a big fan of Hall actions, they are just an example for this discussion.
My point is just be aware of the lottery system you're playing in with this. The more lottery tickets you buy, the better your chances.