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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.

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.
via afc
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