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In 2000, a Steiff Louis Vuitton Teddy Bear, with eyes made of sapphire and diamonds, and with gold parts, sold at an auction in Monaco for $2.1 million. [18] In May 2001, at a London Christie's auction of vintage teddy bears, a pair of Steiff teddy bears made in 1908 went for sale with an estimated value of about $20,000. [19]
A teddy bear is a stuffed toy in the form of a bear.Developed apparently simultaneously by toymakers Morris Michtom in the U.S. and Richard Steiff under his aunt Margarete Steiff's company in Germany in the early 20th century, the teddy bear, named after President Theodore Roosevelt, became a popular children's toy and has been celebrated in story, song, and film.
Boyds Bears; Build-A-Bear Workshop; Bunnies By The Bay; Funko; GIANTmicrobes; Gund; Hallmark (Itty Bittys, Happy Go Luckys) Ideal Toy Company (defunct) Mary Meyer Corporation; Ty; Vermont Teddy Bear Company; Squishmallows
Margarete Steiff (24 July 1847 – 9 May 1909) [1] was a German seamstress who in 1880 founded Margarete Steiff GmbH, more widely known as Steiff, a maker of toy stuffed animals. [ 2 ] Born in Giengen , Kingdom of Württemberg , Margarete contracted polio as a child, leaving her with both legs paralyzed and pain in her right arm.
Replica of an original 1903 Steiff teddy bear, Steiff-Museum Giengen, Germany. A stuffed toy is a toy doll with an outer fabric sewn from a textile and stuffed with flexible material. They are known by many names, such as plush toys, plushies, lovies, stuffed animals, and stuffies; in Britain and Australia, they may also be called soft toys or ...
At the St. Louis World's Fair in 1904, the Steiffs sold 12,000 bears and received the Gold Medal, which was the highest honor at the event. [5] By 1907, Steiff was making 974,000 bears. [5] He became the largest stockholder of the company following the death of his aunt in 1909. [2] Vintage Steiff bears can now be quite valuable. [8] [9]