Ty Beanie Babies are small, stuffed animals filled with plastic pellets, giving them a unique, flexible feel. Created by Ty Inc. in the 1990s, these toys quickly became popular collectibles due to their cute designs and limited production runs. Each Beanie Baby has its own name and birthday, adding to its charm. The craze for Beanie Babies peaked in the mid-1990s, with collectors seeking rare editions and retired models. While their value has fluctuated over the years, many people still enjoy collecting them for nostalgia or as a hobby.