Criminal Law. The term grand larceny refers to the crime of (i) theft of property that is worth more than the minimum amount set by statute (e.g., $950 in California) or (ii) theft of property under certain circumstances specified by statute (e.g., property taken from the person of another) or (iii) theft of certain type of property specified by statute (e.g., theft of a firearm).
“Larceny involves the taking and carrying away of the goods of another, which must be accomplished against the will or without the consent of the other. Specifically, grand larceny is the felonious taking and carrying away of the goods of another, where the value exceeds $1,000.” State v. Parker, 351 S.C. 567 (2002).
“The distinction between grand and petit larceny lies in the value of the property stolen. Petit larceny is the larceny of goods under the value of ten dollars, and grand larceny is the larceny of property of the value of ten dollars and upwards ; but property stolen from a dwelling-house is the subject of grand larceny without regard to value, if of any value.” State v. Ramelsburg, 30 Mo. 26 (1860)
“Grand larceny is larceny committed in either of the following cases: (1) When the property taken is of a value exceeding $50; (2) when the property is taken from the person of another; (3) when the property taken is a horse, mare, gelding, cow, steer, bull, calf, mule, jack, or jenny.” People v. Lepori, 35 Cal.App. 60 (1917).
“Grand larceny is larceny committed in any of the following cases: (1) When the property taken is of a value exceeding fifty dollars; (2) When such property, although not a value exceeding fifty dollars, is taken from the person of another; (3) When such property is livestock.” State v. Jacquith, 272 N.W.2d 90 (1978).
“Grand larceny is a felony which includes all the elements of the lesser offense of petit larceny except that grand larceny involves the theft of goods valued at fifty dollars or more.” State v. Smith, 274 S.C. 622 (1980)