Precisely what is an Beanie?

An Beanie is an incredibly small stuffed animal that is usually made from wool, felt, or cloth, which is typically given away at sporting events.  follow this link  claim that they have no emotional attachment to the items in their Beanie collection. Instead, they invest many hours researching the market and gaining knowledge of its intricacies. They also know that their passion may be a little silly and that some people might consider them insane.
Beanie Babies were given out at the end of a baseball game.

Since 1997, in the year 1997, Major League Baseball teams have distributed Beanie Babies during baseball games, drawing thousands of additional spectators to their stadiums. Ty has collaborated with MLB to develop a special tag to Beanie Babies to commemorate players and special events. This includes Mac the Cardinal, Rocket the Blue Jay, as well as Sammy Bear. Bear. Each has its own giveaway day.
They are extremely valuable

Vintage Beanie Babies are valued, depending on the condition and the rarity. Some collectors will pay as much as $50,000 for a 1992 Ty Beanie. Some collectors will spend more than $25,000 for an old-fashioned 1995 Lefty the Donkey.
They are made of cloth, felt, wool, leather, or silk

Felt is among the toughest fabrics. It is made of tiny fibers which are interlocked in each direction. This makes it lighter than the woven fabric which is made of twisting fibers in straight lines. It is also the most durable fabric as it requires the minimum amount of fibers in order to be durable. Felt is also stain-resistant and waterproof, and it is hypoallergenic.

They've got a clown's face.

This  beanie   is adorned with a big clown face that has a propeller. It is constructed of acrylic yarn, and it is one size fits most. This beanie has an embroidered front design and plush hair.
They are constructed of an unbrimless cap

Beanies are small , hats made from wool, felt fur, hair, or wool. These materials are compacted and shaped through a process of rolling, pressing, and heat. Fez is a brimless , flat cap made of red felt. It is typically worn as a hat in winter, when the temperature is below the freezing mark.