Does anybody know how long Brazil Hering was producing the smurfs? This should answer a lot of questions.
It does make sense to me that the markings were blocked after they lost the license (which obviously they did before Minimodel did)..however, it doesn't make sense to me that Minimodel sold those (with the blocked markings) without putting their marking on it...especially since they have such a distinct marking
Somehow Schleich got with Brazil Hering, even though Brazil was a closed country back then, so chances are that Minimodels also worked with them
Maybe Minimodel took over the factory after Hering lost the license and after using up the old paint, they started using theirs and continued selling them in Brazil...and then in Argentinia? Not sure if that would make them Minimodels..and which of them would remain Brazil Herings and which would turn into Minimodels