6pt-Sika , you are correct . I load my Bismuth by weight with its own data ( not lead Data) . Means you will have more pellets ( volume ) in an 1 1/4 oz load biz than lead , using the same size shot .
I did find something interesting the other night, my #5 Bismuth is denser than my #5 nice shot , In doing pellet counts , 176 per oz in Bismuth and 193 per oz nice shot .
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