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.
He was also renamed Cubbie, making Beanie Babies with a Brownie name tag more valuable. Like Brownie, Patti the platypus was one of the first Beanie Babies released by Ty, Inc. Over its lifetime, Patti Beanie Babies were produced in four different colors, including magenta, fuchsia, maroon, and raspberry. Patti was first released in the magenta coloring, making this version the most valuable.