valerie wrote: Most people that bought beanie babies did not buy them to profit in any way.
They bought them because they were cute and a very inexpensive hobby.
The standard beanie babies sold for only $5.99 to $6.99.
There were and are some that sold for more due to either the lower number
produced or some other factors that resulted in rarity.
I guess in one way you could equate it to bitcoin since there are people that
buy for the present use and those that buy with hopes of making a profit.
Most people took beanie babies serious take it to real business!!! People buy beanie babies in flea market. Sell it on ebay.
I disagree with you.
Most people that bought them, bought them because they were cute and simply found it an affordable
product to collect. This is exactly one big reason why it went under.
My mother collected them.
My sister collected them.
I collected them.
I did not start out collecting them. I was one that bought a few of them in the early days simply
because I visited a new gift shop in the town where I once lived. It was in the early to mid 90's.
There was one small basket of them and I saw a cat, picked it up, decided to buy it because it
looked like one of my cats. I then purchased two more, one for each of my daughters but it was
a different beanie. I don't recall what they were and I guess my daughters may still have them.
My mother and my sister including myself, all agreed that there was just too many to collect. My
sister had a very large aquarium that she no longer used for fish. At the start of her collection, the
beanies looked cute in the aquarium but it wasn't long and they were coming out the top.
mother had various containers of them on display.
THAT really was the big issue, no matter what anyone says, I know for a fact it was.....too many
made, too fast. People ran out of space. I had a rather large curio cabinet full of beanie babies.
None of us was in it for profit. It was simply something fun, cute, and affordable to collect.
There was the resellers that bought them to profit immediately by jacking up the prices and selling
them at yard sales, eBay, flea markets, mall stores, etc.
In one way I was lucky I guess because when I lived in Daytona, I met a lady that had a beanie
baby store in the Daytona mall. She came over and bought all that I showed her which was a lot.
The funny thing is, I still had mostly bears and when my house was destroyed, they were destroyed
with it BUT......my mother passed away and one day my sister came over with a huge box to give
me...... YEP, it was a huge amount of her beanie baby collection.
So you see, today I have a curio cabinet that is full of various collectables but mostly, it contains
my mothers beanie babies. Some things have more significance than you might think....and it
is not always money related.