Found a Cash Cow! Can You Even Make Money From Beanie Babies?

While cleaning up my attic, I found a bunch of beanie babies so I decided to go through them. I wondered if any of them hold any value. What do you think? Do you know? Is there a good reason to keep these instead of taking them to Good Will or some other charity?

As I worked on that video and did some research, I found that beanie babies aren't something that you can make money from anymore. Unless you have one of the really really really rare ones then you're not likely to make any money.

Some of the ones you see in the video sell for as high as $4.99! And that's only if they're new.

Remember when the beanie babies craze was going on? People were spending hundreds of dollars looking for the "good ones" and then selling them for thousands. It reminds me of that PBS documentary The Botany of Desire. I recommend you watch it if you get a chance. It's interesting to see how things are valued depending on human desire and context.

To find the really rare beanie babies, you need to be a collector, a serious collector. Besides that, the rare ones aren't just the limited edition TY beanie babies, they are the ones that were limited edition AND have a defect.

For example, I found that one of the angel-looking ones, I think is called "Halo" can be worth a few hundred dollars, if and only if you have the one that came with a brown nose instead of the regular black nose.

Yeah, good luck finding one of those. Nonetheless, it was interesting going through the bin of stuff I found.

So it turns out, at the end of the day most of these were junk. A few worked out great as toys for Picasso and my kids wanted to keep a few of them. I guess I don't have a million dollar find in my attic this time around.