DOB 1-1-1999 In original box
Hi Tina,
Thank you for contacting Mearto with your appraisal inquiry.
Beanie Babies were enormously popular in the 1990s and widely collected, with the consequence that now there are many "on the market" without nearly enough demand for the supply so values on most individual beanie babies are low. Additionally, the Beanie Baby market is often subject to overvaluation and there are myths surrounding Beanie Baby values, both for ones with - and without - tag errors. Websites like eBay and Etsy - which are unregulated - are rampant with fraudulent sellers posting Beanie Babies at exorbitantly high prices and then the BBs either don't sell or sell privately at undisclosed prices. (For an article that goes into detail about this, see: https://www.vice.com/en/article/epnwmn/investigating-the-fake-ebay-market-for-dollar25000-beanie-babies).
The Millennium Beanie Baby Bear, often called the "Millenium" bear due to a notable spelling error on some tags, was released by Ty Inc. in 1999 to celebrate the upcoming millennium. It has a unique purple color, a golden face, and an embroidered globe with the year β2000β on its chest. The bear is also notable for its tag error, as some bears have "Millenium" instead of the correct spelling, "Millennium," which is a factor often cited to increase its rarity and potential value among collectors. In general, the "MIllenium" bear tends to sell for far less than some online listings suggest, as the Beanie Baby market is often subject to overvaluation.
While recent auction sales of Millenium beanie babies usually bring between $30-50, that you have this in its original packaging elevates the value to $75-125.
Based on the photos and information provided, and subject to examination, this is:
A near vintage Ty "Millenium" Beanie Baby Bear,
Handmade in China, circa 1999
In its original plastic packaging,
CONDITION: appears to be in good condition
PROVENANCE: Unknown
$75-125*
*represents a fair-market value for auction purposes; retail or asking price may vary.
Please let us know if you have additional items to appraise, or questions/concerns, and thank you again for using Mearto.
~ Delia