Wednesday, April 6, 2011

TY Beanie Babies are still alive!

Item Found:  Original TY Beanie Baby
Price Paid: $1.00
Projected Value: $150

Profit =  $149
Profit Margin = 14,900%

Item has been found at a Thrift Store


Information about item: The Beanie Baby Craze! O-M-G! For good reason I use those words. Back in the mid 90's TY Beanie Babies exploded! EXPLODED! For some reason it became the fab of the 90's to collect Beabie Babies. Originally deputed in 1993, beanie babies were originally released as 9 animals including Chocolate, Cubbie, Flash, Legs, Patti, Pinchers, Splash, Spot, and Squealer. Most people did not start collecting Beanie Babies until 1994-1996 where the number produced by TY was alarming. It did not help that the company "Retired" beanie babies, making it difficult to acquire earlier designs. This is where business meet's dolls, limit the supply, increase the demand. Although, bring out a new beanie baby every other day, and you have millions of sales on your hand. Well, let's get to the point, Beanie Babies. By the way, I fell victom to the craze and still have my original TY's boxed in the closet. Yes, the hoarder in me cannot discard these cute, adorable dolls. Reason: They barely have value, less than what I paid. The average TY beanie baby have a re-sell value of $.50 cents. Yes, that's cents. (Stay away from the mini Mcdonald's Happy Meal toys)((Worthless)) Now, back to the moral of this entry. Certain beanie babies DO have value. Mainly the one's that were never released to the public (only a few hundred made), or the early models. It finally hit me last week to research the industry again because EVERYWHERE I go, you find people, stores, wanting, trying, desperately to sell their beanie babies. Don't get me wrong, they are very cute, and the company still bangs out extremely precious dolls. Back to my point, I do keep getting off track because TY beanie babies are a very interesting trend. (Are, or Were an interesting trend?) The beanie you see in the pictures above is a 2nd or 3rd generation TY produced in 1993. Mainly the one's produced in 1993 still have value. They are the hardest to find since the company yet to blow up and limited numbers were produced. You can identify an early TY by the unique tag, very different from what you see now. (BEWARE: The premium dolls with the same tag don't have high value) It has to be from the beanie line. The other way you can identify a 1993 TY is by the Tush Tag, it's a very dull tag in black and white. Don't be fooled by newer tags that have the date 1993 since it's listed as the original production year. If you see a heart on the tush tag, throw the beanie at the first child you see. (Don't hurt the kid, it's a figure of speech, but it's basically worthless and can be chewed and destroyed by the nearest child) Condition always matter as in anything in life..... To conclude, it's always beneficial to research a market prior to searching for a product. A little research goes a long way and in a mater of days I was able to locate an original "New Face" beanie baby for $1.00. Where else can you get a 14,900% return!

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