Hi Dane,

Thank you for contacting Mearto with your appraisal inquiry.

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 purple Princess Diana bear was produced two months after Diana's death on August 31, 1997 and continued production until 1999. There are a LOT of them on the market and despite reports that they are "rare" or "valuable," the first edition bears are the only ones that are valuable and even those don't usually sell from more than $75-150, even if in mint or near-mint condition.

The Peace Bear Beanie Baby was first introduced by Ty Inc. on May 11, 1997. It became one of the most iconic designs due to its unique tie-dye pattern. Each Peace Bear has a one-of-a-kind color combination, making no two exactly alike. Because so many of these bears were made, even ones in mint or near-mint condition only sell for between $30-50.

Please let us know if you have additional items to appraise, or questions/concerns, and thank you again for using Mearto.
~ Delia