March 24, 2013
LONDON ? The massive bronze sculpture is formally known as "Draped Seated Woman," a Henry Moore creation that evoked Londoners huddled in air raid shelters during the Blitz.
To the East Enders who lived nearby, the artwork was known as "Old Flo," a stalwart symbol of people facing oppression with dignity and grace.
But now, Old Flo may have to go.
The cash-strapped London borough of Tower Hamlets, one of the poorest communities in Britain, plans to sell the statue ? estimated to be worth as much as 20 million pounds ($30 million).
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