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Lament of the Beanie Baby Collector

Lev13than (581686) writes | about a year and a half ago

0

Lev13than (581686) writes "In a plush lesson on supply & demand, the 1990s phenomenon of $10 Beanie Baby toys that resold for upwards of $10,000 each are now languishing on eBay for as low as $0.40 per toy. The Toronto Star revisited the subject of a 1997 cover story, the then-10-year old "investor" Mike Garard. Now, 15 years later, Garard is grown up, and some of those rare Beanies once worth thousands, well, “You can’t even get 20 bucks,” he says. At the height of the craze, Garard’s father told him to sell the animals, but he couldn’t part with them. He estimated he had four or five of the rare ones worth $7,500 to $10,000. When high school came, he hid them away. “It’s not the most impressive thing if you’ve got a girlfriend coming over and you’ve got a ton of stuffed animals all over the place,” Garard said."
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