The reality is that if you charge the ammo properly, smokeless works just fine, and without consequence. Most of the older guns marked "for black powder" were so marked so that nobody put the higher pressure smokeless loads though them. Forget the original production, that will be through the roof in price, and as you eluded to, may not have been propertly stored and unreliable. For the 32, I would imagine that it would be quite expensive because I have only seen a run of it twice in my life. Very occasionally a company will make a run of BP rounds, or obsolete ammo, but it is usually very expensive.
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