That's about $670,000 in US dollars.

The link has a 2:00 video and several stills.

https://www.stuff.co.nz/nation...s-gun-buyback-scheme

Weapons owner paid more than $1 million under Government's gun buyback scheme

Hamish McNeilly
05:00, Aug 30 2020

One person has received a payout of $1 million under the Government’s gun buyback scheme, with other large payouts likely.

Police maintain they are not anticipating any larger compensation payouts, and that the buyback scheme and amnesty programme is under budget. However, gun advocates say some collectors and dealers have yet to settle.

Figures released to Stuff under the Official Information Act show the top 20 compensation payouts made to individuals, as of July 17.

Together they total more than $5.7m, with the top payment $1.04m, and the second highest $960,071.

The gun buyback scheme and amnesty came in the aftermath of the terrorist attack on two Christchurch mosques, which left 51 people dead, on March 15, 2019.

’Now is the time for change,’' Prime Minister Jacinda Ardern said after the massacre.

At the time, police estimated between 55,000 and 240,000 firearms could be handed in under the scheme. The Government allocated $208m for the buyback.

A report from the Office of the Controller and Auditor-General, released in May, said $102m had been paid out and as of February 2020, 61,332 prohibited firearms had been collected, destroyed, or modified.

The report lists several outstanding applications.

Details about who received the largest payouts were unable to be released, as well as the police districts the firearm owners resided in, acting Superintendent Mike McIlraith said.

Police sought feedback from some of the highest paid individuals, ‘’who raised specific concerns about their privacy if location information were to be released’’.

A spokeswoman said police were not ‘’anticipating larger compensation cases for individuals''.

Council of Licenced Firearms Owners chairman Michael Dowling said some people, including firearm collectors, were yet to settle.

That included some awaiting payouts, and '’police have not completed the application process with a number of people, and collectors are some of those affected’’.

Dowling said he knew of one collector who had a firearm valued at $100,000, while Dowling himself was yet to be paid out.

‘’That's the thing with collections, we have stuff in New Zealand, that is rare by international standards.’’

He was disappointed some rare firearms had been destroyed rather than saved, ‘’from a historical point of view’’.

That included rare German assault rifles, used near the end of World War II Italian-made Beretta BM 59 rifles.

The destruction was ‘'an absolute travesty from the point of view of collecting history’’, Dowling said.

He believed some of the destroyed collector items could have been sold overseas, and that money returned to the taxpayer.

Prominent gun advocate Nicole McKee, who is standing for ACT in Rongotai, said she understood some dealers were still awaiting collection of now prohibited firearms, and payment for those items, which were purchased legally.

The collections were expected to '’have quite a large value because of their historical significance’’.

The delay in payment was a concern for businesses already struggling because of the Covid-19 pandemic, she said.

Gun City owner David Tipple declined to comment on whether he had settled.

TOP FIVE PAYOUTS TO INDIVIDUALS:

$1,041,098
$960,071
$728,979
$262,328
$253,997

SOURCE: NZ Police

It would be a bummer to lose any of those guns but to lose historically significant guns is a real shame.

It will be interesting to see if they have a large uptick in rape, home invasion and elderly abuse like Australia did after their gun confiscation.

Ah. The owner was paid more than $1 million, not as the title says: owner paid more than $1 million.

Remember when someone in Minneapolis got $100 for a slam fire piece of garbage at a buyback?

https://nvcopblock.org/165479/...-to-a-piece-of-wood/

After see how that whole ban was passed so easily, I no longer wish to visit that county.

Years ago when Buffalo had a gun buy program (can't be buyback, city never sold any of them), they destroyed all of them, thus eliminating any chance the police might have had to trace the weapons.