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The value of a Steiff CLASSIC 1920 teddy bear in very good condition with complete labels can vary widely, typically ranging from $150 to $400, depending on factors such as market demand and the specific condition of the bear. Collectors often pay a premium for items with original tags and in well-preserved condition. To get a more accurate valuation, it's advisable to consult recent sales on auction sites or reach out to a specialized teddy bear appraiser.

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