In the 1990s, Ty Warner’s Beanie Babies became a huge hit, with their unique names and designs turning them into must-have collectibles. Ty’s smart strategy of retiring designs and creating scarcity made these plush toys more than just playthings—they became valuable investments. But how much are they worth today? Here’s a breakdown of Beanie Babies and their current values.

Royal Blue Peanut the Elephant – $2,000

Peanut the Elephant was the original Beanie Baby that kicked off the craze, and the rare royal blue version is especially valuable. Only a few thousand were made before Ty Warner switched to a lighter blue, making this version very rare. Though its value has dropped recently, the royal blue Peanut is still worth between $1,000 and $2,000, and collectors are always eager to get their hands on one.