What exactly is an Beanie?

The Beanie can be described as a tiny, stuffed animal that is usually made from wool, felt or cloth. It is usually offered at sporting events. Many collectors swear that they don't feel any feelings of attachment towards they own in Beanie collection. Instead, they devote endless hours studying the market and learning about the nuances. They also know that their hobby is a bit silly, and that other people may consider them insane.
Beanie Babies were given out at the end of a baseball game.

Since 1997, since 1997, 22 Major League Baseball teams have offered Beanie Babies during baseball games and attracted thousands of supporters to stadiums. Ty has collaborated with MLB to create special tagging specifically for Beanie Babies to commemorate players and special events. This includes Mac the Cardinal, Rocket the Blue Jay and Sammy the Bear. Each has its own giveaway day.
They are valuable

Vintage Beanie Babies are valuable, depending on the condition and the rarity. Some collectors can pay as much as $50,000 for an original 1992 Ty Beanie. Others will pay more than $25,000 for a vintage 1997 Lefty the Donkey.
They are constructed of cloth, felt, wool, leather, or silk

Felt is among the strongest fabrics. It is made of tiny fibers that are interlocked in every direction. This makes it lighter than woven fabrics that is composed of twisted fibers in a straight line. Also, it is the most durable fabric because it requires the minimum amount of fibers in order to be tough. It is also waterproof and stain-resistant and hypoallergenic.
They have a clown face

The  beanie   has a huge clown face and propeller. It is made from acrylic yarn, and it is one size fits most. The clown  beanie  is also embroidered front art and plush hair.
They are made of a brimless cap

Beanies are small , tin-sized hats that are made from wool, felt fur, hair, or fur. The materials are compressed and shaped through a process of rolling, pressing, and heating. Fez is a brimless flat top cap made from red felt. It is usually used as a hat during winter, when the temperature is below the freezing point.