Theft was historically very scale-sensitive. In England you'd face execution for "grand larceny" if the goods in question were worth more than twelve pence. This was on the books from the 13th century until 1832 (!).
Jesus Christ on a pogo stick, execution for stealing 12 pence worth of stuff? That's crazy! Adjusting for inflation[1][2], that would be the same as nowadays being executed for stealing £5!
