Hi Greg,

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).

What's noteworthy about "Peace" is that because of variations in dye lots, no two bears are exactly identical. Your bear has a value of $20-30.

Based on the photos and information provided, and subject to examination, this is:

A vintage Ty "Peace" beanie baby bear
Handmade in China, circa 1996-1999
The multicolored bear with peace symbol on its breast, with heart-shaped swing tag and tush tag, in a plastic case.
9 inches long
CONDITION: appears to be in good condition
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