Abstract: A bullet holder for extracting a bullet from the cartridge casing that includes an elongated body portion having arm members pivotally connected at one end and movable toward one another in a pincer-type movement. Intermediate the arm members is positioned a bullet retaining portion having a plurality of oppositely positioned recesses forming holes of selected diameter corresponding to selected bullet calibers. The assemblied cartridge casing and bullet is secured in the chuck of a loading press. The chuck is moved to an initial position for engaging the bullet by the holder in a selected one of the holes formed by the recesses. The arm members are squeezed to frictionally engage the bullet so upon downward movement of the cartridge casing, the bullet is retained stationarily positioned to separate the cartridge casing from the bullet.