I think this is Yugoslavian…maybe Bulgarian? The headstamp is 14 at 12 o’clock, * (stars) at 3 o’clock and 9 o’clock, and 54 at 6 o’clock. It comes in a cardboard box and has MATAREV (or something like that?) and 70 kom (70 rounds per box).
I want to buy this stuff for my Tokarev TT33 for plinking.
Edit 2-9-08 added picture…