In terms of theft classifications, which is characterized by the highest value of stolen property?

Grand theft is characterized by the highest value of stolen property among the classifications presented. The classification of theft generally varies based on the value of the property involved. In many jurisdictions, grand theft applies when the value of stolen property exceeds a specific monetary threshold, which distinguishes it from petty theft.

For instance, petty theft often involves lower-value items and is typically considered a misdemeanor. In contrast, grand theft involves valuable items or sums that exceed the set limit, usually resulting in felony charges. Additionally, robbery and larceny, while related to illegal taking of property, have different legal definitions and implications. Robbery is specifically related to taking property through force or intimidation, while larceny refers to the unlawful taking of someone's property with the intent to permanently deprive the owner of it, but without the element of force found in robbery. Therefore, grand theft stands out as the classification related to the most significant value of stolen property.