What is an Beanie?

A Beanie is an incredibly small stuffed animal, usually made of wool, felt, or cloth, which is usually given away at sporting events. Many collectors swear that they don't feel any sentimental attachment to the items in their Beanie collection. Instead, they invest many hours researching the market and learning the nuances. They also know that their hobby is a bit silly, and that other people may find them to be crazy.
Beanie Babies were distributed at the end of a baseball game.

Since 1997 since 1997, since 1997, 22 Major League Baseball teams have offered Beanie Babies during baseball games, drawing thousands of additional spectators to their stadiums. Ty has collaborated with MLB to create special tagging for Beanie Babies to commemorate players and other special occasions. They include Mac the Cardinal, Rocket the Blue Jay and Sammy the Bear. Each of them has their own prize day.
They are important

Vintage Beanie Babies are worth the price, based on their condition and rarity. Some collectors can pay as much as $50,000 for an original 1992 Ty Beanie. Others will spend more than $25,000 for an original 1996 Lefty the Donkey.
They are made from cloth, felt, wool leather, silk, or

Felt is one of the strongest fabrics. It is made of tiny fibers that are interlocked in every direction. It is therefore lighter than the woven fabric which is made of twisted fibers in straight lines. Also, it is the longest-lasting fabric because it requires the least amount of fibers to be durable. It is also waterproof and stain-resistant and hypoallergenic.
They sport a clown face.

beanie hat  is adorned with a big clown face and propeller. It is constructed of acrylic yarn, and it is one size that fits all. This clown  beanie  also has embroidery on the front as well as plush fur.
They are constructed from a brimless cap

Beanies are small , tin-sized hats that are made of felt, wool, fur, or hair.  beanie hat  are compressed and then shaped by a process of pressing, rolling, and heating. Fez is a brimless , flat cap that is made of red felt. It is usually used as a hat during winter when temperatures is below freezing.