570.085.  Alteration or removal of item numbers with intent to deprive lawful owner — penalties. — 1.  A person commits the offense of alteration or removal of item numbers if he or she, with the purpose of depriving the owner of a lawful interest therein:

  (1)  Destroys, removes, covers, conceals, alters, defaces, or causes to be destroyed, removed, covered, concealed, altered, or defaced, the manufacturer's original serial number or other distinguishing owner-applied number or mark, on any item which bears a serial number attached by the manufacturer or distinguishing number or mark applied by the owner of the item, for any reason whatsoever;

  (2)  Sells, offers for sale, pawns or uses as security for a loan, any item on which the manufacturer's original serial number or other distinguishing owner-applied number or mark has been destroyed, removed, covered, concealed, altered, or defaced; or

  (3)  Buys, receives as security for a loan or in pawn, or in any manner receives or has in his possession any item on which the manufacturer's original serial number or other distinguishing owner-applied number or mark has been destroyed, removed, covered, concealed, altered, or defaced.

  2.  The offense of alteration or removal of item numbers is a class E felony if the value of the item or items in the aggregate is seven hundred fifty dollars or more; otherwise it is a class B misdemeanor.