Beanie Babies are a line of stuffed toys created by American businessman H. Ty Warner, who founded Ty Inc. in 1986. The toys are stuffed with plastic pellets ("beans") rather than conventional soft stuffing. They come in many different forms, mostly animals.

Created in 1993, Beanie Babies emerged as a major fad and collectible during the second half of the 1990's. They have been cited as being the world's first Internet sensation in 1995. They were collected not only as toys, but also as a financial investment, due to the high resale value of particular ones.

Beanie Babies are deliberately under-stuffed. This led to a criticism that the toys looked "cheap"; however, this set them apart from most stuffed animals on the market which could not be posed easily. Ty Warner has said that this under-stuffing method made the toys look "real".

Another important design element is the tag. Since the beginning, Beanie Babies have included two tags for identification: a heart-shaped "swing tag" at the top, and a fabric "tush tag" at the bottom. Both tags have been redesigned completely over time. Between 1994 and 1996, the swing tags had "To" and "From" blanks in them for use as gifts. Starting in early 1996, the tags include four-line poems related to the Beanie Baby, and a date of birth for the toy. The poem and birthday concept was created by Lina Trivedi who is credited as authoring the poems on the first 136 Beanie Babies that were introduced to the marketplace.

It was not uncommon for Beanie Babies to be accidentally shipped out with incorrect or misspelled tags, which sometimes increased the toy's value. On occasion, the poems, birth dates and even the names have been changed on certain Beanie Babies.

Peace Bear is a blue, tie-dyed bear with black button eyes and a larger black nose. He has an embroidered “peace” symbol on his chest. The peace symbol makes up this Beanie Baby’s name. He was exclusive to the USA.

His birthday is on                    17 November 2002

Peace Bear was released on 19/03/2003

Peace Bear was retired on    10/09/2004

POEM

Let’s say a prayer

That Peace will come

For you, for me

For everyone!

Type                 Stuffed Toy

Character        Bear

Name               Peace (the second)

Company         Ty Inc. 

Founder           H. Ty Warner in 1986

Material           Synthetic plush, polyvinyl chloride, polyester fiber

Status               1993–present

Tall                    21 cm (8'26 inches)