Beanie Babies Merchandise Auctions On Web for All-Time Highs to Benefit Charity.GLOUCESTER, Mass.--(ENTERTAINMENT WIRE)--April 7, 1999-- Prices Soar for New Beanie Babies Sources: A Beanie Baby is a stuffed animal made by Ty Inc. Ty was founded by Ty Warner who promoted the line in specialty stores and gift shops. The Ty company's famous special "posable lining" is understuffed with plastic pellets (or "beans") rather than stuffing Official Club(TM) Platinum Edition Membership Kit, Beanie Babies Official Collector's Cards(TM) from The Rosie O'Donnell Show, Autographed au·to·graph n. 1. A person's own signature or handwriting. 2. A manuscript in the author's handwriting. tr.v. au·to·graphed, au·to·graph·ing, au·to·graphs 1. by Ty Beanie Babies merchandise is being valued at an all-time high today as prices for Beanie Babies Collector's Cards, posters and the new Beanie Babies Official Club Platinum Edition membership kit -- unveiled on March 31 on The Rosie O'Donnell Show -- are auctioned off on the World Wide Web. Prices are soaring well into the thousands for some items, especially for those signed by Ty Warner Harold Ty Warner (born September 3, 1944) is a wealthy American toy manufacturer and businessman. He is Chairman, CEO, sole owner and founder of Ty Inc., which manufactures and distributes Beanie Babies, Ty Girlz and a variety of other Ty plush items. , founder and chairman of Ty Inc., the maker of Beanie Babies. All proceeds from the sale of these and other items will be donated to Rosie's charity, the For All Kids Foundation. The March 31 episode of The Rosie O'Donnell Show showcased the never-before-seen Beanie Babies Official Club Platinum Edition membership kit, along with a new Limited Edition Beanie Baby(R) -- "Clubby club·by adj. club·bi·er, club·bi·est 1. Typical of a club or club members. 2. Friendly; sociable. 3. Clannish; exclusive. II(TM)." Five kits that were featured on the episode, signed by Ty Warner and donated to the show by Cyrk, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CYRK) and Ty Inc., are being auctioned on one of the Internet's most popular auction Web sites. Available in stores this May, the Beanie Babies Official Club Platinum Edition membership kits include the Limited Edition "Clubby II," Limited Edition Collector's Cards and Coin, Platinum Edition Certificate and Newsletter, and the Official Pocket Checklist inside each kit. "There's a real buzz on the Internet for Beanie Babies merchandise, driving the value of membership kits, collector's cards and posters off the charts," said Patrick D. Brady, president and chief executive officer, Cyrk, Inc. "For example, the Platinum Edition membership kits are being auctioned for charity for more than $3,000 - 150-times its suggested retail price of $20, just days after their introduction. This truly demonstrates the value and continuing global popularity of the Ty brand and the additional brand identity and value that Cyrk provides its clients." Prices for a complete set of Official Beanie Babies Series II Collector's Cards including a card signed by Ty Warner, are upwards of $18,000; a complete set of Series I cards (with signed Ty Warner card) is currently going for $17,000. The Collector's Cards have become so popular, there are already dozens of auction, trading and general-interest sites dedicated to them. One lucky Beanie Babies enthusiast A person who enjoys using computers and electronic equipment. Enthusiasts like technology and are willing to learn more of the ins and outs of a product than the average consumer, who just wants to use it. An enthusiast is more like a "prosumer." See consumer and prosumer. will walk away with the desk featured on the March 31 show, which was covered in Beanie Babies and Beanie Babies merchandise. The desk was also donated to the show by Cyrk and Ty, and as of today features an auctioning price of over $36,000. The Beanie Babies Official Club Platinum Edition membership kit, Beanie Babies Collector's Cards, Beanie Babies and other assorted merchandise, were all donated to the show by Cyrk and Ty and are expected to bring in about $750,000 at auction to benefit charity. Cyrk, Inc., a leader in brand building internationally, creates and distributes Beanie Babies Official Club membership kits and the new line of Ty Authentic Product to specialty retailers that carry Beanie Babies and other Ty brands. Ty Inc. is the largest manufacturer and marketer of plush toys worldwide. Ty products include a full line of Beanie Buddies Beanie Buddies are a toyline of Ty Inc., introduced on September 30, 1998. Beanie Buddies are plush toys closer in size to members of the Ty Pillow Pals collection rather than Beanie Babies. They feature a unique, super-soft fabric designed by Ty, called "Tylon". (R), Pillow Pals(TM), and Attic attic Floor of a dwelling contained within the eaves of the roof structure. The word originally denoted any portion of a wall above the main cornice (see entablature). Treasures(TM), as well as the collectible collectible An asset of limited supply that is sought for a variety of reasons including, it is hoped, an increase in value. Stamps, antiques, coins, and works of art are among the many things usually classified as collectibles. Beanie Babies. Ty products are sold in toy, gift and specialty retail stores and are easily recognizable by the red Ty heart logo. About Cyrk, Inc. Cyrk, Inc. (NASDAQ:CYRK) is a full service promotional marketing company, specializing in the design and development of high-impact promotional products and programs. Cyrk has worked with some of the largest and best-known brands in the world, delivering product-based promotional programs that build a strong connection between the brand and the consumer. Headquartered in Gloucester, Massachusetts
Gloucester is a city on Cape Ann in Essex County, Massachusetts, in the United States. It is part of Boston's North Shore. , Cyrk maintains offices in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia. More information about Cyrk can be accessed on the World Wide Web at http://www.cyrk.com. |
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