The buyback was held on Howard Street in the South of Market area, where police collected handguns, shotguns, high-powered rifles, and even an AT4 anti-tank weapon.
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Community leader Rudy Corpuz Jr., with United Playaz, said San Francisco took a big step toward being less violent.
"We got a bazooka off the streets. We got a cannon ball off the streets. We got assault rifles. We got everything that you can name that could destroy a whole universe and we get rid of them within hours," he told ABC7 News.
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Buyback organizers added that the event succeeded because of its "no questions asked" policy for people who surrender guns.