The base of the bullet becomes more important at subsonic speeds, but at supersonic it's the profile of the nose which counts for most. Why do you suppose that long-range rifle bullets, rocket nose-cones and fighter noses taper towards a point at the front?
On my web article on 'Basic Ballistics', I have a 'rule of thumb' (derived from P O Ackley data - a famous ballistician) for calculating the BC of a bullet from the nose shape. You multiply the sectional density (which basically measures the length of the projectile) by a 'form factor' as follows:
Flat-nose lead: 0.8
Round-nose lead: 0.9
Round-nose jacketed: 1.0
Semi-pointed soft point: 0.9-1.1
Pointed soft point: 1.2-1.6 (depending on sharpness of point)
Pointed full jacket: 1.5-1.8
Pointed full-jacket boat-tailed: 1.9-2.0
To put it another way, the most streamlined kind of rifle bullet will lose velocity at only half the rate of a jacketed round-nosed bullet of the same calibre and weight.
Tony Williams: Military gun and ammunition
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