Ty Beanie Buddy – PINKY the Pink Flamingo Plush

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Ty Beanie Buddy – PINKY the Pink Flamingo Plush.

This is the larger Ty Beanie Buddy version as opposed to the Ty Beanie Baby and the Ty Teenie Beanie versions.

Description

Size: Most buddies are 11-14 inches tall. *Size is Approximate*

Filling: Traditional Stuffed Animal Stuffing (Not pellets like Beanie Babies)

A Brief History: Ty began producing Buddies in 1998; the height of the Beanie Baby craze. Collectors couldn’t always afford Beanie Babies because increased demand had caused prices to skyrocket in the second-hand market. To solve the problem, and capitalize on it 😉 Ty introduced Buddies. These are larger versions of the traditional Beanie Babies. Ty has since morphed the product line and now only produces licensed buddies.

  • Larger Ty Beanie Buddy which is bigger than the Ty Beanie Baby version
  • Larger Ty Beanie Buddy (not baby) version
  • Mint With Mint Tags
  • Retired, Collectible
  • New/Old Stock
Condition

New

Brand

Ty

UPC / EAN

008421093168

Model

9316

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Ty Beanie Babies

Did You Know?

The Start of the Craze

The Beanie Baby craze started with neighbors trading them in a Chicago Suburb. News stories followed the trend and the rest is history.

Ebay a Major Factor

Beanie Babies made up 10% of ebay's sales in the early 90's.

Original Line Up

Nine original dolls started the fame: Squealer the Pig, Spot the Dog, Flash the Dolphin, Legs the Frog, Splash the Whale, Chocolate the Moose, Brownie the Bear, Patti the Platypus, and Pinchers the Lobster.

Spicy Inspiration

Tabasco Sauce Inspired One Of The Most Popular Beanie Babies - Snort the Bull. Snort was originally named Tabasco the Bull but changed to "Snort" in order to avoid any legal issues with the brand. The first version actually had red feet, just like the color of the sauce!

Identification Made Easy

Beanie Babies were identified in two ways: their swing tag, which was the heart-shaped marker complete with a name and often a poem, and also their tush tag, which was usually found at the rear end of the doll.

Making Beanie Babies Different

Less Stuffing Was Used To Make Them Different and make them stand out more from their competitors.

In the Beginning - Exclusively Sold In Small Stores

When Beanie Babies were first introduced to the market, Ty Warner wanted them only sold in boutique shops and specialty stores - creating a sense of exclusivity.

Retirement Creates Demand

Ty Warner was a genius when it came to making his dolls more desirable than they already were. He created the concept of "retiring" his dolls so that consumers rushed to grab them while they could.

Huge Sales

Annual sales in 1998 for Ty Inc. were over $1.4 billion making the company the first-ever billion-dollar plush company, according to Fortune.

Employees Recognized for Success

In December of 1998, the company gave employees a Christmas bonuses equal to their annual salary.

Preventing Counterfeits

In their heyday, Beanie Babies were worth 50% less without those little cardboard hearts. This was partially due to counterfeit Beanie Babies being produced. The tags made the buyer know it was the real deal.

Beanie Baby Creator Driven

The creator Ty Warner was obsessed with the designed each toy, according to Zac Bissonnette's book The Great Beanie Baby Bubble. He went to the factories in China and Korea to oversee every little detail. If he didn't like a design, production would be halted which would drive up the prices for that particular design.

Sources:

10 Things You Didn't Know About Beanie Babies by Kate Storey, countrylivingmagazine.com
12 Surprising Things You Never Knew About Beanie Babies, by Nicoletta Richardson, littlethings.com.