Yes it was pretty nasty, we did get shafted but ours was in 1996 you might be thinking of New Zealand as they just had the same thing happen?
Thats what happens when you dont have a decent gun lobby like your NRA.
The problem I have with it was that there was no regulation(registration, safe storage requirements or licencing scrutinisation) at the time & there was no attempt to actually impliment such a registration & licencing scheme as we have now, they just prohibited them & took them away, same thing in NZ.
We were lucky though(well not really), we had a buy back scheme where the government bought our semi auto rifles/semi auto & pump shotguns.
I think in NZ they just had to hand them in with no compensation at all.
It really does make you cry to see all those historic firearms get put thrpugh the shredder