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The main difference between 3rd degree and 4th degree larceny is the value of the stolen property. In most jurisdictions, 3rd degree larceny involves theft of higher value items compared to 4th degree larceny, which involves theft of lower value items. The penalties for 3rd degree larceny are usually more severe than those for 4th degree larceny.

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Q: What is the difference between 3rd degree and fourth degree larceny?
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