Anyone remember the Beanie Baby craze? ie 250K USD beanie babies?

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Mayne

Mayne

Diamond Member
Apr 13, 2014
8,838
1,373
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my nieces had to have matching beanie babies or all hell broke loose in the house. fuck those things.
 
Atomic Playboy

Atomic Playboy

Lifer
Feb 6, 2007
16,432
1
81
If selling my house to purchase a single stuffed animal intended for infants is wrong, I don't want to be right.
 
Hugo Drax

Hugo Drax

Diamond Member
Nov 20, 2011
5,647
47
91
I am gonna have a little fun, I just bought the same one for 8 bucks from another ebay. seller. When it comes in I will tell her about this new Tangible assets investment for 250K. And it will go to the moon :)

Bought the "Clear acrylic case" to make it look legit.

250k Good investment. :)
 
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T

TonyG

Platinum Member
Feb 12, 2000
2,021
2
81
My little brother and mother were really into those when he was little, meaning that I got to eat a lot of mcdonald's happy meals at time...blah...
He did end with a few odd balls that sold for decent money, ~$100, on ebay though.
 
lxskllr

lxskllr

No Lifer
Nov 30, 2004
58,782
9,090
126
TonyG said:
My little brother and mother were really into those when he was little, meaning that I got to eat a lot of mcdonald's happy meals at time...blah...
He did end with a few odd balls that sold for decent money, ~$100, on ebay though.
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I collected those. Not sure why. I ended up finding them later, and gave them away as party favors for my daughter's birthday. Pretty cool grab bag filler I think.
 
KB

KB

Diamond Member
Nov 8, 1999
5,406
389
126
I swear ebay has to be used for money laundering. No way these prices are real.
 
tortillasoup

tortillasoup

Golden Member
Jan 12, 2011
1,977
4
81
The beanie baby craze taught me at a young age that for the most part, not to follow trends and that when there is a lot of hysteria and excitement over something, it's likely a bubble that will burst.
 
MongGrel

MongGrel

Lifer
Dec 3, 2013
38,466
3,067
121
I try to forget.

The wife still has many stored in containers in the guest bedroom closet, she even had my mother in law hooked on them, at one point she was following around the UPS truck on delivery days.

I just grimace a bit and face palm if they are mentioned these days.
 
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Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
I remember hearing about it... Was too young to care.

How the hell did people think that stuffed animals were worth so much?
 
John Connor

John Connor

Lifer
Nov 30, 2012
22,757
617
121
Don't forgot those stupid tamagotchi's.

My sister has all our Mc Donalds toys. They go back to when Mario came out for Nintendo.
 
Ichinisan

Ichinisan

Lifer
Oct 9, 2002
28,298
1,235
136
John Connor said:
Don't forgot those stupid tamagotchi's.

My sister has all our Mc Donalds toys. They go back to when Mario came out for Nintendo.
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By trading stuff with friends and finding some on the side of the road, I somehow acquired all the toys from the Super Mario Bros. 3 Happy Meals when I was a kid. I wish I knew what happened to them.
 
feralkid

feralkid

Lifer
Jan 28, 2002
16,787
4,879
136
Ichinisan said:
By trading stuff with friends and finding some on the side of the road, I somehow acquired all the toys from the Super Mario Bros. 3 Happy Meals when I was a kid. I wish I knew what happened to them.
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Sent to Iraq; made into IED's.

Or clocks.

:D
 
Newell Steamer

Newell Steamer

Diamond Member
Jan 27, 2014
6,894
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Back then, my local comic book store stopped selling comics and sold only beanie babies. He had a Web TV gadget that he used to sell his beanie babies. And there were beanie babies EVERYWHERE.

He also neglected his old stock of comics. So, comics that were 3 to 5 times the cover price where never updated. I pointed out a few and he said; "Don't worry about it. Just give me what you think you should pay for them." Gave me a bunch of trade paper backs and few boxes of trading cards for free as well.
 
Theb

Theb

Diamond Member
Feb 28, 2006
3,533
9
76
I sunk my money into early 90s baseball cards so I had nothing left to invest in Beanie Babys.
 
kranky

kranky

Elite Member
Oct 9, 1999
21,019
156
106
Imp said:
I remember hearing about it... Was too young to care.

How the hell did people think that stuffed animals were worth so much?
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Herd mentality. Your neighbor tells you they got a BB a couple months ago that is already worth $20. You hear a co-worker talking about his wife lining up before the Hallmark store opens to score the latest rare BB because she flips them on ebay for 10x profit. After enough of those tales, your average person thinks only an idiot would pass up this gravy train and starts loading up on BBs - not to sell, but to become the core of the kids' college fund. This only drives up demand more and the frenzy increases.

Eventually it becomes obvious there are enough BBs around to fill the Atlantic Ocean and when EVERY BB is supposedly rare, then none of them really are. Bubble bursts.

I know people who buy new issues from the US Mint, immediately flip them on ebay for a profit, then rebuy the same item 6-8 months later for less than it cost originally from the Mint, to add to their collection. I don't know how that continues to work when the people buying on ebay could just buy from the Mint directly for less.
 
Imp

Imp

Lifer
Feb 8, 2000
18,828
184
106
kranky said:
I know people who buy new issues from the US Mint, immediately flip them on ebay for a profit, then rebuy the same item 6-8 months later for less than it cost originally from the Mint, to add to their collection. I don't know how that continues to work when the people buying on ebay could just buy from the Mint directly for less.
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You just reminded me of the Wii craze... And the Wii accessories. Gotta get it first to brag to your friends.
 
Pulsar

Pulsar

Diamond Member
Mar 3, 2003
5,224
306
126
SunnyD said:
I did Magic the Gathering instead. Beanie Babies were for the girlies.

I never did get a black lotus. :(
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I still do magic the gathering. 10,000 card lots for $100.00. My kids don't know the difference and it makes for a damn cheap christmas and birthday present!
 
lupi

lupi

Lifer
Apr 8, 2001
32,539
260
126
Inherited a couple totes of them. Can't believe any still selling for significant money. Remember them doing crazy things like have some only offered to guest of a certain hotel brand and crap.
 
mmntech

mmntech

Lifer
Sep 20, 2007
17,501
12
0
I would have been in middle school when they craze hit its peak. I had a friend that bought a whole bunch. He swore up and down that they'd be very valuable some day. Which is precisely why they're all worthless 20 years later. Things like that are only valuable if they're rare.

My friend was a bit odd though. Haven't seen him in years. Wonder if he turned out gay like we suspected. :p
 
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