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from the scrap value desk:
British police say they have figured out what happened to a two-tonne Henry Moore sculpture stolen in 2005, sparking a global hunt for the thieves.via afc
The massive bronze sculpture, known as Reclining Figure, was taken from the 28-hectare estate that is home to Moore's former studios, barns and gallery in Much Hadham, Hertfordshire — about 50 kilometres north of London — on Dec. 15, 2005.
At the time, police had surmised that the theft of the 3.4-metre-long sculpture, created 1969 to 1970, was ordered by a private art collector.
Now, they say it was probably melted down and sold for no more than £1,500 ($2,678 Cdn) as scrap metal.