Actor Ty Warner started the Beanie Baby craze and the adorable, cuddly, little creatures made their way into millions of homes, toy boxes, and children’s beds it seemed that everybody had to have one, or in my case a half dozen once upon a time. Over the years Beanie Babies have spawned many collectors who in most cases have stored, and maintained, entire collections of the plush little creature with the filling that makes them feel like a little bean bag when you hold them in your hand.
If you are one of those collectors do you know what your entire collection is worth? Do you know what a single member of your Beanie Baby collection is worth? Can you spot a counterfeit Beanie Baby? This article should help you answer all-of-the-above question, especially if you are giving some serious thought to selling some, or all of your Beanie Baby collection. Even if you don’t want to sell being aware of the value of your Beanie Baby, or Babies, might still be useful in terms of insurance value.
Here are some of the ways to determine the value of the members of your Beanie Baby collection. Is your Beanie Baby Authentic? Go to Ty.com and learn things like when your Beanie Baby went out of production, or was retired. At Ty-dot-com along with some really neat Beanie Baby information you can also checkout the Things to do section for Today’s Tidbits, your daily Beanie Baby Horoscope, and Ty around the world. You can also seek out your local Beanie Baby expert for a closer inspection should you have any questions about how rare your Beanie Baby is, and to be sure you are not housing one of the counterfeit Beanie Baby toys that were made.
The condition of your Beanie Baby along with the tag that came with it are both very important, and each can have an effect on the selling price so make sure your Beanie Baby is still in good condition, along with the Ty-tag. Consulting a Beanie Babies catalog or price guide can give you some idea of your particular Beanie Babies value and a check of online auction sites like E-Bay can give you an idea of what a particular Beanie Baby item is actually selling for. Restrict your search to “completed sales” only to save time.
When you’re ready to sell try to determine the maximum, and the minimum price range for your Beanie Baby, or Babies, and shoot for the middle range to make sure your Beanie Baby remains an attractive choice to a perspective buyer; if you can—avoid selling your Beanie Baby toy collection in groups since the best return on your investment will come from selling each Beanie Baby separately. Hopefully this information will help you come up with a fair market price that leaves both you and your buyer happy.
