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the state is not going to pursue charges on your behalf since the value of the item stolen is exceedingly small. Technically, illegal. In reality, the state won't waste their time (unless they see you as recidivist, anyway), but will follow through if the citizen wishes to waste his time.
Something to consider: a rental house is known as "real property". Meaning it does not depreciate over time, it is a real asset who's value is set by the market and not by its age. A flag is not "real" in the sense that it is a consumable item. In other words, while I get where you're coming from, it really is apples and oranges