The Great Beanie Baby Bubble

The Great Beanie Baby Bubble

Mass Delusion and the Dark Side of Cute

eBook - 2014
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A bestselling journalist delivers the never-before-told story of the plush animal craze that became the tulip mania of the 1990s In the annals of consumer crazes, nothing compares to Beanie Babies. In just three years, collectors who saw the toys as a means of speculation made creator Ty Warner, an eccentric college dropout, a billionaire'without advertising or big-box distribution. Beanie Babies were ten percent of eBay's sales in its early days, with an average selling price of $30'six times the retail price. At the peak of the bubble in 1999, Warner reported a personal income of $662 million'more than Hasbro and Mattel combined. The end of the craze was swift and devastating, with 'rare' Beanie Babies deemed worthless as quickly as they'd once been deemed priceless. Bissonnette draws on hundreds of interviews (including a visit to a man who lives with his 40,000 Ty products and an in-prison interview with a guy who killed a coworker over a Beanie Baby debt) for the first book on the strangest speculative mania of all time.
Publisher: New York : Portfolio, 2014
ISBN: 9781101606988
1101606983
Characteristics: 1 online resource

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AL_SARAH Nov 17, 2016

Absolutely fascinating. As a beanie baby enthusiast and a child of the 90's, this book was particularly eye-opening. The book highlights the eccentricities of Ty Warner and made me contemplate the ways some human beings see the world.

r
Raschafe
Dec 09, 2015

Interesting read for those millenials out there who remember the "beanie baby" craze back in the 1990's. It is also a very well written story on all the players associated with the craze (collectors, speculators/traders, kids, parents, media, etc). I only knew of them as toys for kids which were occasionally hard to find but this story shines light on what was really happening in the USA and how crazy people were acting around these things. Ty Warner sounds like a real nutcase too which makes for some interesting anecdotes.

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