Now, over 25 years later, the company has made over 2, different types of Beanie Babies — and some of them are worth a great deal of money even now. Warner's series of collectible animals became so sought-after in the mid-to-late-'90s that collectors were forking out thousands of dollars to get their hands on "retired" plushes — that is, ones that weren't being produced for the general public any longer.
So, what contributed to this surge in value and the retirement of so many plushes? In turn, this created substantial rareness in the market and an increase in demand among both casual and avid collectors alike. The result meant that passionate Beanie Baby buyers, a lot of whom were adults, ended up spending thousands of dollars in some cases to get their hands on rare Beanie Babies.
By the end of the '90s, the craze began to die down. To commemorate the end of Beanie Baby production, Ty released a final plush, a bear called The End, in Today, collectors are still searching for some of the most elusive and valuable Beanie Babies — and, to do so, they're continuing to spend quite a bit.
So, what's so special about owning a rare Beanie Baby? The sheer exclusivity, of having something so rare in one's collection, might be the main reason to snag one. Other variables that influence the value of a Beanie Baby include the amount produced; misprints on tags or on the plushes themselves; the type of pellet filling; and incorrect or variant colors or designs. There's no perfect recipe for determining the "real" value of Beanie Babies.
Sometimes, prices are driven up on auction sites like eBay, while private sellers or collectors may try to find a more standardized price. Still, we've rounded up nine of the most valuable Beanie Babies out there. Unofficially named after late Grateful Dead lead guitarist and singer Jerry Garcia, Garcia the bear rocks a tie-dye look that's not unlike the also highly sought-after Peace Bear.
Although Garcia hasn't been known to rake in as much money as other celebrity-aligned bears, this Beanie Baby goes for several hundred dollars on average. However, some of the Garcias that were made first — before mass production — or that have tag misprints reel in much more. Some versions of Valentino the Bear featured misspelled information on the tag, while others were made with different pellets.
The bear dedicated to Princess Diana is not as rare as people say judging by the hundreds of eBay listings for it. Are we sensing a pattern here? I think this is a bull? This walrus? Are you seeing this? Hint: That includes yourself. This bear was made to celebrate the start of the new millennium Y2K, baby! Tip: Pick his brain before you list him on eBay. I know, I know. Jake just seems too cute to give away. Your choice! This bear was officially released in but was advertised as the first Beanie Baby with a birth date in the year I mean, look how precious!
A rare white star on the tag apparently gives this Sparky a certain je ne sais quoi that makes it worth seven figures. Is there a cuter name than Bubbles? Valentino is one of the most valuable of the Beanie Baby bears. If you own a rare version with an error, you may be sitting on tens of thousands of dollars. Peanut was originally royal blue; after a few months of poor sales, the company changed the color to a lighter shade, and its popularity skyrocketed.
Today the royal-blue Peanut is in a much different position—it's one of the most sought-after Beanie Babies around. Iggy the Iguana went through many design iterations during its run, making the toy extra valuable to Beanie Baby obsessives today. Some Iggys have a tongue sticking out, while others do not; some are neon rainbow in color, while others are dark blue; some have a tag attached to the foot, and others have one attached to the spine.
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