The advice you've received so far is very good, especially the simple act of using your thumbnail to "scratch" the bullet to determine hardness. One thing not mentioned yet is the result of the bullet hitting the steel targets. If the bullet is 20-1 to pure lead, you can find beautifully mushroomed, virtually intact bullets near the base of the steel target. These bullets stayed together because they were soft and expended all their energy hitting the target and expanding. By contrast, the very hard bullets, especially with a high antimony content, when stricking the same steel targets, will break up, shatter, glance off an angled target or some combination of those. The significance of this will be readily apparent if you run the timer during a match or one of the spotters close to the action.
On two occasions, when running the timer, I was struck in the eye by bullet fragments after hitting the target. One was serious enough that the "official" medical staff at the match insisted on sending me to the hospital. Yes, I was wearing safety glasses. There was no permanent damage but next year at my eye doctor exam, the scar was noticed. I was questioned as to how it happened and gave the doctor some BS story as this is NJ after all. I can ALWAYS tell who is shooting hard cast bullets just by the sound they make on the target and I make sure my safety glasses are pulled up tight to my face when it those peoples turn.
This is not meant to disparage anyone making their living by selling bullets. I simply mention these factors to explain one of the reasons why soft cast bullets are recommended for Cowboy matches on steel targets at the distances we normally shoot. Best regards to everyone Navy Six