This is a rare and highly sought-after Ty Beanie Baby from 1997, featuring Rainbow with tag errors. The tag errors make this particular Beanie Baby even more unique and valuable to collectors.

With its iconic design and high-quality craftsmanship, this Beanie Baby is a must-have addition to any collection. The brand Ty is known for producing some of the most collectible and beloved plush toys in the world. Aspects of this Beanie Baby include its pristine condition, its age, and its retired status. This item is perfect for collectors, enthusiasts, and anyone who appreciates the value of quality craftsmanship and unique design.