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.
Peanut the Elephant, in the royal blue color, is one of the most valuable Beanie Babies a collector could hope to come across. Peanut the Elephant came in many different colors, including a gray, powder blue, and purple color.