They were marketed as "rare collectibles" by manufacturer Ty Warner; but they were mass produced in the hundreds of thousands in a Third World country, and purchased by tens of thousands of unsuspecting Americans, who actually believed Ty Warner's lies and hype -- that collecting Beanie Babies would be a smarter investment that a 401K.
And Ty Warner was right -- but only for Ty Warner: unwary Americans purchasing his Beanie Babies made Ty Warner a millionaire.
But nobody else.
Check out this documentary from the History Channel, if you don't believe me --
"What about the manufacturer printing errors. R those real."
While those errors may be "real," they are more the result of poor proofreading and spelling errors, due to the Beanie Babies being manufactured in Third World countries, where the literacy rates are very low.
As a result, hundreds of thousands of those "rare" printing errors were printed -- due to the cheap Third World production costs, the proofreading and spelling errors were allowed to pass through, rather than to be corrected, as that would cost Ty Warner more money -- and Ty Warner's only concern was greed, so he promoted the "rarity" of those errors without one breath of conscience.
And those tags were not printed "one at a time" -- there were several dozen to each sheet -- as a former printing press operator, I have printed off millions of pieces of paper and cardstock; and I know how to "eyeball" a printing plate for errors before it ever kisses the ink -- so the Third World printing company hired by Ty Warner to make those tags were simply too lazy to correct those "rare errors" -- and Ty Warner chose to lie about the "rarity" of those items, which only increased his own personal wealth.
Don't believe the prices that you see for Beanie Babies -- most of those will never be sold for the "dream" prices being asked -- and most are only worth less than $3.00 each.
Most beanie babies have little - if any - value. They were overproduced and marketed as something with value. Thrift stores frequently have them for $1 each.
1786davycrockett
·1 month ago@mrs.hun61
Unfortunately, most Beanie Babies are worthless.
They were marketed as "rare collectibles" by manufacturer Ty Warner; but they were mass produced in the hundreds of thousands in a Third World country, and purchased by tens of thousands of unsuspecting Americans, who actually believed Ty Warner's lies and hype -- that collecting Beanie Babies would be a smarter investment that a 401K.
And Ty Warner was right -- but only for Ty Warner: unwary Americans purchasing his Beanie Babies made Ty Warner a millionaire.
But nobody else.
Check out this documentary from the History Channel, if you don't believe me --
https://www.history.com/articles/how-the-beanie-baby-craze-came-to-a-crashing-end
mrs.hun61
OP1 month agoI know they might not be worth much but I wanted to do more research on them. What about the manufacturer printing errors. R those real.
kensgiftshop
·1 month agoTo be honest, for most of them, it'll cost you more to research, then you could sell them for.
I've sold a few, for $9.95 with free shipping, which took a few years
1786davycrockett
·1 month ago@mrs.hun61
"What about the manufacturer printing errors. R those real."
While those errors may be "real," they are more the result of poor proofreading and spelling errors, due to the Beanie Babies being manufactured in Third World countries, where the literacy rates are very low.
As a result, hundreds of thousands of those "rare" printing errors were printed -- due to the cheap Third World production costs, the proofreading and spelling errors were allowed to pass through, rather than to be corrected, as that would cost Ty Warner more money -- and Ty Warner's only concern was greed, so he promoted the "rarity" of those errors without one breath of conscience.
And those tags were not printed "one at a time" -- there were several dozen to each sheet -- as a former printing press operator, I have printed off millions of pieces of paper and cardstock; and I know how to "eyeball" a printing plate for errors before it ever kisses the ink -- so the Third World printing company hired by Ty Warner to make those tags were simply too lazy to correct those "rare errors" -- and Ty Warner chose to lie about the "rarity" of those items, which only increased his own personal wealth.
Don't believe the prices that you see for Beanie Babies -- most of those will never be sold for the "dream" prices being asked -- and most are only worth less than $3.00 each.
kensgiftshop
·1 month agoThey are not worth much now days.
You'll just have to look each one up and see if it's worth anything.
mrs.hun61
OP1 month agoDo u have a suggestion on where to find what they r actually going for. I'm not trying to get rich
mrs.hun61
OP1 month agoThat's what I'm on ain't it...lol
janet9988
·1 month agoLook them up on eBay.
glorybells
·1 month agoMost beanie babies have little - if any - value. They were overproduced and marketed as something with value. Thrift stores frequently have them for $1 each.
mrs.hun61
OP1 month agoYes I found that out. Wat about the eerors they say they have
kensgiftshop
·1 month agoI haven't seen one that doesn't have errors, so they don't make any difference in price.