Paul Barretta, President of Talent Clearing House, stated, Whether artists are paid based on traditional royalty structure or one tied to profitability of releases, administration can pose quite a burden.
This may have been quite a bargain, as the most expensive beanie baby has been valued at a possible $5,000. Most recently, Ty Inc. announced Beanie Babies 2.0, combining successful elements of the original Beanie Babies and the more recent Ty Girlz dolls.
Flanagan, 22, recognized it as a limited edition Princess Diana Beanie Baby. He didnât realize how much it was worth. The couple shelled out Â£10 ($15) for a Beanie Baby. They were shocked to find the rare Beanie Baby was selling on eBay for Â£62,500 ($93,406).