What your Get-ItemProperty call emits is a non-terminating error, whereas try / catch only catches terminating errors.
- Non-terminating errors are far more common that terminating ones.
Use common parameter -ErrorAction Stop to promote (the first) non-terminating error generated by a cmdlet to a terminating one that try / catch handles.
You can generally achieve the same effect by setting preference variable
$ErrorActionPreference = 'Stop' beforehand, but note that doing so has no effect on calls to external programs and on functions implemented in modules.
See also:
The about_Try_Catch_Finally help topic.
A description of the fundamental error types in the context of guidance for command authors on when to emit a terminating vs. a non-terminating error: this answer.
A comprehensive overview of PowerShell's surprisingly complex error handling: this GitHub docs issue.
