Sunday, January 18, 2015

Should You Collect Ty Beanie Babies?

Beanie Baby Collectibles:
Why should you buy, collect, or invest in the once highly collectible Ty Beanie Baby Babies? 

Many individuals feel that the tiny plush toy known as Ty Beanie Babies are an item which has seen it's time pass as a viable collectible. 

Yet Ty beanies were once in such high demand that they sold for astounding prices at online auction sites. These tiny plush toys were scooped up as each new Beanie Baby hit the store shelf. Collectors anxiously awaited each new arrival and tucked away two or three for future selling.

The market seems to be flooded with these cute cuddly little plush beanie baby toys and this has many individuals giving up on the once very popular collectible. 

So should you continue to buy these adorable little beanies who's only crime seems to lie in the fact that they have captured the heart of the world round?
How To Value Your Beanie Baby

Let's take a look at the facts:
Ty Warner introduced Beanie babies to the world in 1993 at the World Toy Fair in New York City where he offered a selection of 9 of his first original Beanie Baby creations for sale. Other toy retailers laughed off Ty's flattened beanie babies as looking like "Roadkill" but the little Beanie Babies were an immediate hit with consumers.

The low ticket price of Ty Warner's cute little Beanie babies was the ticket to their success. Ty had wanted to create a toy that children could afford to purchase with their small allowances and the Beanie Baby line up fit this niche need perfectly. But the Ty Beanie Baby's low price is also one of the reasons why millions of Beanie Babies now exist in toy boxes, as well as collections, world wide.

Ty fortunately has a unique system of retiring his Beanie babies so that the market is not flooded with any one specific Ty Beanie baby. This means that there is always the possibility of a few of these styles becoming highly collectible in the future. 

However, because of the sheer number of Ty Beanie Baby models produced, the mass volume of Beanie Babies on the market now have collectors slowing their heels on attempting to continually update their collections. 
A collectable is worth only what someone values it. Collect what you love.

There are just so many styles of Ty Beanie Babies, and although individually they are quite reasonably priced, to acquire 2 or 3 of each Beanie Baby style can add up to quite a tidy sum for a collector to invest in his collection. On top of the investment cost one must also add in the storage space for the thousands of cute little beanies that a serious Ty Beanie Baby collector could accumulate. 

Oh my, but it really is enough to make one wonder if collecting Ty Baby Beanies is worth all the time, effort, and money involved in keeping up a good collection.

So should you still buy and collect Ty Beanie Baby items? As with all collectibles it is always wise to keep the first rule of collecting items upper most in your mind at all times. That rule is to collect items which will bring you enjoyment.

Collect items that you enjoy:
If an item fascinates you, or gives you enjoyment, then it is an item that is worth collecting. Collect items that you love, and enjoy, and your collectibles will be a good investment. 

Being surrounded by articles which you love is a wonderful way to turn the process of collecting items into a very satisfying hobby. If your collectibles increase in market value then this will simply be an added bonus for you to also enjoy. 
Bankrupt By Beanie Babies

Will Ty Beanie Baby collectibles ever be a great financial investment again?
Ty Beanie babies just may be a highly collectible item in the future, because as in all highly coveted items, there will always be a few rarities appear every once in a while which will eventually become valuable. 
If you are extremely lucky then perhaps you will be the individual who has acquired a rare Ty Beanie baby and now hold it safely within the confines of your collection. 

Just maybe one of your treasured little Ty Beanie Baby collectibles will turn out to be one of those extra special Beanie babies which in the future breaks the mold and rises up above the others. Only time will tell.

Another factor which makes a toy valuable is it's age. Most vintage toys become more valuable as they age. The rule of collecting toys is that generally the older a toy is then usually also the rarer it is, and the more rare the toy is, then the more valuable it is. Perhaps if you hold onto your Beanie Babies long enough then it will be their age which increases their value.
Many Ty Beanie Baby collectors are still watching for their tiny treasured collectibles to once again take their place in the spotlight and shine. In the mean while, most Ty Beanie Baby collectors are simply happy to be surrounded by the adorable little beanies who make up their collections.