Hi Jamel,

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.

The Millennium Bear is significant mainly as Ty’s official Beanie Baby created to mark the year 2000. First issued on January 1, 1999, the bear came out at the height of Beanie Baby mania, just before the market began to collapse in 2000–2001.
Production was discontinued on December 31, 1999. While Ty has never disclosed how many of any Beanie Babies it produced, this is not considered a rare bear.

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

A near vintage Ty "Millennium" Beanie Baby Bear
issued in 1999
Magenta bear with a globe on its left breast, with a tush tag and heart-shaped swing ear tag.
Typically 8-1/2 to 9 inches long
CONDITION: Good
PROVENANCE: Inherited
$15-25*
*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