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The most valuable Hallmark ornament can vary by year and market demand, but one of the most sought-after is the "Magic Keepsake Ornament" from 1996, featuring a limited-edition "Star Trek: The Next Generation" USS Enterprise. Other highly valued ornaments include rare vintage pieces, such as the 1973 "Angel" ornament. Collectors often determine value based on rarity, condition, and whether the original packaging is intact. Prices can range from a few dollars to several thousand for particularly rare items.

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