Gold Price Guide 65% Off | Extended to 12/31!

NOBLE6 video

Does Decriminalizing Petty Theft Embolden Criminals to Steal Catalytic Converters?

Much work remains to be done to combat catalytic converter theft. The good news is that some people are working to pass legislation that will raise awareness of the problem and, hopefully, put us on the right track to resolving it. Unfortunately, this is only the beginning of a much larger problem. Inputting a VIN number on a catalytic converter may not deter most thieves, putting car owners at risk of thousands of dollars in repair costs. We see it as a starting point. A base plate that was difficult to remove without the proper tools would do a much better job than adding a VIN number that the thief would most likely notice after they destroyed the property. Furthermore, it appears that the punishment is not severe enough for the vast majority of petty criminals. Under current law, theft is considered grand theft if the value of the stolen property exceeds $950 and is punishable as a misdemeanor or felony. This means that law enforcement is unlikely to investigate theft of less than $1,000, and if they do, prosecutors are likely to dismiss the case.

RESOURCES

Precious Metals
Blog

How to Protect Your Capital and Trade the Precious Metals Markets

If you are in the precious metals business right now, you already know this: volatility is not slowing down. On February 12, 2026, gold dropped…

Catalytic Converter Recycling

The Biggest PGM Price Move In 40 Years (What It Means For Catalytic Converter Recyclers)

Platinum shocked the market in December 2025, jumping nearly 40% in a single month — the largest monthly move in almost 40 years.

Precious Metals
Blog

Iridium’s Crucial Role in Hydrogen Production

Iridium is one of the rarest metals on Earth, but its importance is growing rapidly — especially in the future of clean energy and…