Panda Ty Beanie Baby in pristine, museum-quality condition. This specific bear features all the highly sought-after production errors that collectors look for: Year Discrepancy: Swing tag lists 1997 birthday; Tush tag lists 1998. City Typos: "Oakbrook" misspelled as one word on both tags. Limited Edition Markings: Tush tag features the rare 1965(KR) Korean market designation and the "Fareham, Hants" UK address. Poem Error: Extra space before the "!" in the final line of the poem. Tag Details: Features the red star, circled R, and TM on the tush tag. The stamp inside the tush tag (indicates non-mass production). The bear has been stored in a smoke-free environment in a plastic display case since purchase. Colors are vibrant with no stains, odors, or "settlement" of the P.E. pellets. Perfect for a high-end Beanie Baby collection.
Approximate Dimensions: Height: 6" x Length: 2.5" x Width: 7.25"
Hi Maranda,
Thank you for contacting Mearto with your appraisal inquiry.
Beanie Babies (BBs) 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.
The BB market is often subject to overvaluation and there are myths surrounding BB values, both for ones with - and without - tag errors (for discussion on tag errors, see https://www.vox.com/the-goods/22870250/nft-beanie-baby-price-guide-bubble-princess-value ).
Websites like eBay and Etsy - which are unregulated - are rampant with fraudulent sellers posting BB 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).
Most Beanie Babies - around 99.999999999% of them - have a fair-market value of less than $15 when sold at auction, particularly if they are not in cases; even if they are in cases, they usually don't bring more than $30.
Ty released Fortune on December 6, 1997 and discontinued production on August 24, 1999. While Ty has never disclosed how many of any Beanie Babies it produced, this is not considered a rare bear and other Fortune Beanie Babies that have come to auction usually sell in the $20-30 range.
Based on the photos and information provided, and subject to examination, this is:
A near vintage Ty "Fortune" Beanie Baby Panda
issued in 1997-99
Black and white bear with red ribbon, with a tush tag and heart-shaped swing ear tag. In a plastic case
Typically 6 inches long
CONDITION: Very good
PROVENANCE: Inherited
$20-30*
*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