Beanie Babies were quite the craze in the late eighties and early nineties, but it was a manufactured popularity. The company manipulated the market by holding back production and announcing they had made errors, thus driving people to collect because they thought these items would be increasing in value.
Today, you can see piles of Beanie Babies at flea markets and garage sales, offered for "peanuts".
If all yours are in perfect condition with perfect tags, the current retail (replacement or insurance) value of your collection is approximately $500. If you were to sell it, you could expect to get the fair market (private sale or auction) value of approximately 40% of the retail amount or $200, depending on location and actual condition.
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