Its design was that of Brown Teddy with a red and white hat and scarf.
It had red and green designs on a white background and was the first Beanie Baby to have a device producing an audible sound inside (which was a bell).
The 2001 Holiday Teddy was more simple-looking than its predecessors, being solid, fuzzy green.
The 2002 Holiday Teddy was also solid green like that of 2001, but it was made with a hat that had reindeer-like antlers.
It had a dog-like face, very thick light brown fur, and it was holding a big red flower.
Occasionally, the words "April Fool" on the hang tag appeared upside-down, but this was reported only to be a production error.
[2] At this time, these were purchased quickly and sold on the second-hand market for hundreds of dollars apiece.
[3] But within months, they were shipped en masse, the market became flooded with them, and they were easy to find at retail prices.
This Beanie baby was made order to raise funds for the Elizabeth Glaser Pediatric AIDS Foundation.
These have featured Ty Warner's signature either on a heart, printed throughout the fabric, or a combination of both, and have varied in color each year.
Teddy was produced in six colors: brown, cranberry, jade, violet, teal, and magenta.
A special variation of Teddy violet (new face) was used as an employee gift in 1997.
During the height of the beanie baby craze, some versions of Teddy sold on the second-hand market for around $2000.
In 2002, a follow-up of each bear was made with the name of the month, followed by the number 2 (January 2, February 2, etc.