Precisely what is an Beanie?

The Beanie is a small stuffed animal that is usually made from wool, felt or even cloth. It is typically donated at sporting events. Many collectors claim that they do not feel any emotional attachment to their Beanie collection. Instead, they devote countless hours studying the market and gaining knowledge of its intricacies. They also know that their hobby isn't exactly jolly, and that some people might think them crazy.
Beanie Babies were handed out during a baseball game

Since 1997 in 1997, over since 1997, 22 Major League Baseball teams have given away Beanie Babies during baseball games, drawing thousands of additional supporters to stadiums.  beanies  has collaborated with MLB to develop special tagging to Beanie Babies to commemorate players and other special occasions. This includes Mac the Cardinal, Rocket the Blue Jay and Sammy the Bear. Each has its own giveaway day.
They are extremely valuable

Vintage Beanie Babies are valued, depending on the condition and the rarity. Some collectors are willing to pay as much as $50,000 for an original 1992 Ty Beanie. Some collectors will spend more than $25,000 for a vintage 1996 Lefty the Donkey.
They are made from cloth, felt, wool leather, silk or

Felt is one of the toughest fabrics. It is made up of tiny fibers interlocked in every direction. It is therefore lighter than woven fabrics that is made of twisted fibers in straight lines. Also, it is the strongest fabric as it requires the minimum amount of fibers in order to be tough.  https://zenwriting.net/wastepair48/what-exactly-is-an-beanie-gv33  is also stain-resistant and waterproof and is hypoallergenic.
They've got a clown's face.

This beanie features a large clown face and propeller. It is made from acrylic yarn, and it is one size fits all. This beanie has embroidered front art and plush hair.
They are made of an brimless cap

Beanies are small , hats that are made of felt, wool fur, hair, or wool.  beanies  are compressed and then shaped by a process of pressing, rolling, and heat. Fez is a flat brimless cap that is made of red felt. It is usually worn as a hat in winter when temperatures is below the freezing point.