🧸 Why did people start investing their life savings in cheap teddy bears? Here’s the crazy truth about beanie mania… Hope you enjoy! And subscribe for more videos like this soon. :) 💸 Make money creating epic videos about whatever you’re interested in: magnatesmedia.com (This is MagnatesMedia’s official RUclips System with everything you need to build your RUclips empire… claim your space now & I’ll chat to you inside the community!) 😁
On a real note, beenie babies were built super well though. I was a kid who had one to play with. I STILL have it to this day and it has yet to get a single hole
The psychology is so fascinating. Its the same as pokemon, designed for kids but captured adults too. It's that weird, innate drive we feel as humans to collect all the things
From my experience pokemon captured kids originally and those same kids that are now adults still enjoy it. Whereas beanie babies captured adults from the get go
People my age remember the "Great Beanie Crash" of 2000... Worse than the "POG Implosion". Many families could barely afford Snackwells and Gushers to feed their children.
I remember having a whole collecting on beanie babies from the 90s/2000s. I had some of the rare ones too. I was always told they would be worth a lot once I got older. Anyway, my mom got rid of them when I was a teenager. I’ll never know what happened to them 😭
what is it with mothers and throwing out their kids' toys? ! mine did the same, although i don't believe i had any beanie babies. some of them were torn and stained since i got them as a baby, but instead of letting my grandma sew them and then wash them, she got rid of them and beat me for crying about it (age
See I collect nerf guns. "But why? Those aren't expensive nor are they rising in price!" Exactly. I don't collect for a profit. I collect for fun. I just want to be able to say I have every single one of something. When I am dead I'm probably gonna leave my collection to like a goodwill or something. I never understood why people would collect something to gain money.
My maternal great grandmother collected these. When she died, they were put in storage for a couple years, but then, my great aunt took them out of storage and gave them to us to take care of.
I know someone who got hooked on beanie babies. Her husband still has a tote with a bunch of them that he swears is "worth millions" because some say limited on the tags. He falls for "collectors edition" and "limited" at every turn, he won't get rid of anything because it's "priceless, PRICELESS!". And yet he walks around with seven or eight crumbled up dollars in his pocket, always broke. Some people.....
My parents have a couple large boxes of them that they know arent worth anything but dont wont to get rid of them. I suspect its because by getting rid of them it cements the monetary loss. I wanted to at least give them away for Halloween.
@@AiMusicGalaxyandAirsoft its more how "collectors" try and turn certain pops or theme's into bigger price tag then they should be worth i think. like doesnt matter if "police" are protecting them in stores years ago as most stuff nowadays is online which makes your point invalid as people buy and talk online more then go into stores.
Being a collector of them the thing that got to me was the misprint, or mistake beanie, with the wrong hang or tush tag, and some of them having wrong colors or other errors, when collecting you want the complete set and these made it seem like they were intentional to grow the intrigue of what might be the next super rare beanie. Still have them all and am waiting for the 50th anniversary to see if it sparks interest again like furby or cabbage patch kids.
I never did understand the whole Beanie Baby thing. I’m looking forward to an actual explanation for this nonsense that swirled around me back in the day.
I haven’t watched this yet but… can confirm I am 34 years old with a chest full of beanie babies (from the 90’s/early 2000’s) that I have no intention of getting rid of. This video may break me slightly but I’m looking forward to watching it in the morning Australian time! Xx
I've got maybe 100 beanies with good tags from the 90s and about 40 teenies still unopened. Looking to sell them, but Ebay has em all for like $1 each. Are they all just worthless now?
It's better he's making quality content not just pumping out low quality videos. The algorithm should be rewarding guys like him not these flood of low quality videos some are just pumping out
I was pregger with my first in 1998 and working at a shop in a mall that carried Beanies. I remember being 2nd hand ashamed for and by mothers coming in to fight over these things.. pulling hair, scratching, slapping eachother around strollers and crying kids. Snatching Beanies out of others' hands and pushing eachother out of line. It was worse than a daycare! A few even resorted to attempted theft, putting them into strollers, diaper bags and purses in the chaos.. 🤯
You did NOT just make a video about a scheme that prays off people's stupidity, then at 24:29 insert a segment advertising your insanely expensive RUclips guru course. click the link, then click to buy it; It will literally just send you to a checkout page asking for $997. That's fucking insane.
The dude has built a page that 1.6 million people want to follow If he feels like passing that knowledge along, the potential value of such information will more than likely greatly exceed $1000, especially in the long term. If you aren’t interested, don’t sign up lol.
@@thesuperblyfantasticalchan943 yeah dont listen to the creator you just listened to. he just made a video exposing a scam so the audience thinks MM is honest then he hits them with the scam but they ignore it bc they think he is still and honest guy exposing scams.
I had some plush toys which are not really Beanie Babies but still, I do have some (Kinda). To this day I still have them now and will be keeping them safe and sound in my room. Quite sad how these poor toys were harmed so much huh.
My parents actually bought beanies for my brother and I. I have two giant totes and many encased bears and recognized a surprising number of the beanies shown in this video as ones in my collection. Ultimately for me beanies got replaced by pokemon and later Magic cards. I had to stop looking at the value of my base set and up pokemon cards because they actually are becoming worth quite a bit, but like the beanies, I have too much notalgia to ever sell them.
I always wanted a beanie baby bunny as a child but didn't get enough pocket money to afford one. Went to a charity shop a while ago and found that someone had unloaded their entire collection. I finally got my bunny for just 0,50€ decades late.
I was just a kid that loved Beanie Babies, Puppy in my Pockets and Grand Champions. So I had accumulated almost all of them because my mom was awesome. She even surprised me on my birthday with every single McDonald's beanie baby.
Rocket The Blue Jay was my very first Beanie Baby when I was 4 years old. I remember when my cat would sometimes take the bird, carry it around in his mouth and do this weird muffled meowing to let everyone know that he "killed" the bird lol. I still have Rocket and a few others that my parents had gotten for me and my younger sister over the years. I'm not getting rid of mine because of the memories that were created with them.
I like a few beanie babies but, not like this much. I remember going to a thrift shop and saw two beanie baby teddy bears and laughed, remember how they used to be like gold dust.
Honestly when a teddy bear is being put behind a gate like their prescription drugs or laundry tablets in shops then you know that you have a problem and you know you have something that should be seller simple as that
This is INSANE. I am from Czech Republic and we have a beanie baby my 3yo loves, but I had absolutely no idea that it’s THE beanie babies brand. I’ve heard it in shows and somewhere on internet a million times but i’ve never made the connection. It’s not a known brand here, we have them in some toy stores but it’s just another stuffed animal
i waz a beanie baby smuggler, lol... I am from Canada - Lived in Toronto, then took a job in Columbus, Ohio... this was during the height of the craze and a number of my coworker's wives ❤'d beanie babies but u could not find them in stores? BUT u could in Canada - Toronto anyway... SO, whenever i took a trip back to Toronto (for the weekend or longer; whatever - it waz only a 6 1/2 bour drive) id go beanie baby shopping and bring back a bag of 16 to 24 or so beanie babies for my coworkers (they did look cute all bu ched in a bag)... During that time, there waz a lot of cross-border shopping (US citizens going to Canada to shop for the weekend due to the weak Canadian dollar)... it got bad enough that the US slapped s bunch of tariffs on certain Canadian goods being transported across the border? Beanie babies mAde that list, so i had to SMUGGLE them across the border. lol
it surprised me how well beanie babies are built. Usually my puppy goes through a stuffed animal in 3 to 5 days from the dollar store with their more premium ones too. We gave her a beanie baby the smokey the cat one and it took her like a month to destroy it. We were making sure she didn't eat the pellets or anything inside the toy.
Man..this was the best greed based collectable. As a kid, I'd buy a Beanie or two at $5, and was able to flip a few down the line for $40, but grew out of fighting for animals I didn't even like or want. I still own a few original designs, I don't care about what it's worth, it's just a cool childhood thing that rings with me from the early days and is an animal I collect.
Is there a one more amazing video for 2024🎉 ? I'm soo excited 😊. Just a suggestion - a big documentary on Disney Company that would be extremely great by you champ!!
Oi, editor! Chill with the sound effects at EVERY transition (which becomes HORRIBLE to watch since this has clearly been produced with retention in mind)
McDonalds was my very first job ever. They had a "Rare" one they made that was not for sale at all but was only given to the McDonalds staff. I still got that thing. Never opened it. This video made me think of it. They always sold out but...Didn't know it was this much frenzy to it.
I was a teen back when McDonald's had them at their height. Lines were out down the road. Karen's screaming when we didn't have the ones they wanted. It was ridiculous.
Remember collectable Pogs in the mid 90s? Did they even last a year? I guess it was the big collectable after Garbage Pale Kids cards & before Beanie Babies.
I got my son a big green bear, it came up on the video, and I bought it 20 years ago he's had the label off and he's loved it to death and he's passed it on to his 5 year old sister now. Despite it being loved it still looks good.
In the 90's I remember going from store to store looking for beanie babies and them constantly being sold out, and for no other reason than to bring them to school to show other kids I have them lol ridiculous
🧸 Why did people start investing their life savings in cheap teddy bears? Here’s the crazy truth about beanie mania… Hope you enjoy! And subscribe for more videos like this soon. :)
💸 Make money creating epic videos about whatever you’re interested in: magnatesmedia.com (This is MagnatesMedia’s official RUclips System with everything you need to build your RUclips empire… claim your space now & I’ll chat to you inside the community!) 😁
Love your videos
@@marvinleitch I agree at all
That grift at the end is rough
The end of this video is just sad 😢
This is just gonna be jellycats in 20 years time and who knos wat comes after
On a real note, beenie babies were built super well though.
I was a kid who had one to play with. I STILL have it to this day and it has yet to get a single hole
Yup I still have a couple that now grace the dashboard of my car
17 years
Big BB never sleeps, I see
You obviously never lived with a puppy then 😂
There's some on eBay listed to over 200k
Hell yeah!!! Magnates is pumping out the videos now!!! That 3 month hiatus had me worried.
I was going to invest in Beanie Babies when my Hawk Tuah tokens went to the moon.
Best comment! 😂
I invested in pumpkin stocks at the beginning of October, and I expect them to peak right around January.
We can all agree this is the greatest documentary channel on RUclips 💯
Maybe for 10 year olds
@Payythakidd I guess 10yo would find this entertaining yes, but for me, this is a great channel run by a really hardworking team ✋
Not when leminno exists
Your mom is the best documentary channel on RUclips
As excellent as MagnatesMedia is, Melodysheep surpasses his channel.
The psychology is so fascinating. Its the same as pokemon, designed for kids but captured adults too. It's that weird, innate drive we feel as humans to collect all the things
I think it’s the build in fomo too. Like a mix of fomo and how we like to collect stuff. But I agree it’s very fascinating to hear about
From my experience pokemon captured kids originally and those same kids that are now adults still enjoy it. Whereas beanie babies captured adults from the get go
People my age remember the "Great Beanie Crash" of 2000... Worse than the "POG Implosion". Many families could barely afford Snackwells and Gushers to feed their children.
They said sir, we've never seen anything like it
Another Banger 🔥🔥🔥
Edit Enhanced ✅
Accent Sweetened ✅
Storytelling Boosted ✅
You deserve 100M Views for this Video Wallah
I remember having a whole collecting on beanie babies from the 90s/2000s. I had some of the rare ones too. I was always told they would be worth a lot once I got older. Anyway, my mom got rid of them when I was a teenager. I’ll never know what happened to them 😭
what is it with mothers and throwing out their kids' toys? ! mine did the same, although i don't believe i had any beanie babies. some of them were torn and stained since i got them as a baby, but instead of letting my grandma sew them and then wash them, she got rid of them and beat me for crying about it (age
Well that sucks, a lit of toys that were played with are worth less than people think. But its still your toys. :(
Every "collector's item" market is a scam when the collectors find another item to obsesse over.
I just like what I like, and I collect em ⊂(◉‿◉)つ
Yep
See I collect nerf guns. "But why? Those aren't expensive nor are they rising in price!" Exactly. I don't collect for a profit. I collect for fun. I just want to be able to say I have every single one of something. When I am dead I'm probably gonna leave my collection to like a goodwill or something. I never understood why people would collect something to gain money.
My maternal great grandmother collected these. When she died, they were put in storage for a couple years, but then, my great aunt took them out of storage and gave them to us to take care of.
I know someone who got hooked on beanie babies. Her husband still has a tote with a bunch of them that he swears is "worth millions" because some say limited on the tags. He falls for "collectors edition" and "limited" at every turn, he won't get rid of anything because it's "priceless, PRICELESS!". And yet he walks around with seven or eight crumbled up dollars in his pocket, always broke. Some people.....
My parents have a couple large boxes of them that they know arent worth anything but dont wont to get rid of them. I suspect its because by getting rid of them it cements the monetary loss. I wanted to at least give them away for Halloween.
Wow you’re so cool
It's crazy how a ceo went from making innovative quality products to manipulating the market to sell as many products as possible.
funko pops are the modern day beani babies lol.
agreed most jsut use them as investment now if it comes to limited ones but leave common funko on shelfs to go on sale.
Not even close. You had entire police forces protecting stores from crowds of beanie baby fans on Christmas every year. Funko never had that
@@AiMusicGalaxyandAirsoft its more how "collectors" try and turn certain pops or theme's into bigger price tag then they should be worth i think. like doesnt matter if "police" are protecting them in stores years ago as most stuff nowadays is online which makes your point invalid as people buy and talk online more then go into stores.
@ravenspurplebeats5412 the consumer base for beanie babies and cabbage patch kids will always be unmatched. Closest thing to it was the PS5 debute
Being a collector of them the thing that got to me was the misprint, or mistake beanie, with the wrong hang or tush tag, and some of them having wrong colors or other errors, when collecting you want the complete set and these made it seem like they were intentional to grow the intrigue of what might be the next super rare beanie. Still have them all and am waiting for the 50th anniversary to see if it sparks interest again like furby or cabbage patch kids.
My mom was part of these crazies that collected them. But the teenie beanie babeies in the happy meals was the worse! I swear she lost her mind!
U know it’s good day when magnates media posts
Who wants this man to make 4 videos a month👋
Sick intro dude! New editor? Or just a new style? Either way pretty cool.
The GOAT is back to regularly posting again! ❤
I'm not even religious and I'm praying that the same doesn't happen with jellycat lol
probably not considering they’re considerably more expensive
All collectables
I never did understand the whole Beanie Baby thing. I’m looking forward to an actual explanation for this nonsense that swirled around me back in the day.
Yeah I never understood it either!
I haven’t watched this yet but… can confirm I am 34 years old with a chest full of beanie babies (from the 90’s/early 2000’s) that I have no intention of getting rid of.
This video may break me slightly but I’m looking forward to watching it in the morning Australian time! Xx
Do come back to this after you've watched it. Interested to know what you think.
I've got a starfish beanie, it's really cute that's why I have it, not because I think it's worth anything.
I've got maybe 100 beanies with good tags from the 90s and about 40 teenies still unopened. Looking to sell them, but Ebay has em all for like $1 each. Are they all just worthless now?
Did u not watch the video@@kurtl6126
i have been watching this channel for about a year now and this have to be the best channel on youtube.
This video strikes me as just a little… over-edited.
New to Magnatesmedia?
Plus AI clips 👎🏼
This guy doesn't post for months only to come back with back to back weekly bangers!!!. 🔥
It's better he's making quality content not just pumping out low quality videos. The algorithm should be rewarding guys like him not these flood of low quality videos some are just pumping out
I was pregger with my first in 1998 and working at a shop in a mall that carried Beanies. I remember being 2nd hand ashamed for and by mothers coming in to fight over these things.. pulling hair, scratching, slapping eachother around strollers and crying kids. Snatching Beanies out of others' hands and pushing eachother out of line. It was worse than a daycare! A few even resorted to attempted theft, putting them into strollers, diaper bags and purses in the chaos.. 🤯
My mum got into these. She didn't invest her life savings, but she thought she was on to something.
The most useful business lesson I've learned for a while ... 💎
Grateful for your immense value john as always
Having lived through the hype, I was always curious as to how the craze worked. Thank you for breaking it down and spelling it out. Great work! Bravo!
Finally OG magnates is back
Missed you bro 😢
Same
Sad
he released 3 videos in a month, wtf are you talking about
one of the best channels to just watch and unwind
You did NOT just make a video about a scheme that prays off people's stupidity, then at 24:29 insert a segment advertising your insanely expensive RUclips guru course. click the link, then click to buy it; It will literally just send you to a checkout page asking for $997. That's fucking insane.
Relax bro. 😂
This is holidays season, why so furious, relaaaaax 😂
The dude has built a page that 1.6 million people want to follow
If he feels like passing that knowledge along, the potential value of such information will more than likely greatly exceed $1000, especially in the long term.
If you aren’t interested, don’t sign up lol.
@@thesuperblyfantasticalchan943 yeah dont listen to the creator you just listened to. he just made a video exposing a scam so the audience thinks MM is honest then he hits them with the scam but they ignore it bc they think he is still and honest guy exposing scams.
You didn't scroll through the ad? Bruh! Come on!
Glad to see a new post. Enjoy your Holidays.
Love watching your videos from Nigeria 🇳🇬
What you mean “if you copy our product we’ll own your sole”
Before we watch this video I first wanna say Merry Christmas and Happy New Year in advance 😊
I had some plush toys which are not really Beanie Babies but still, I do have some (Kinda). To this day I still have them now and will be keeping them safe and sound in my room. Quite sad how these poor toys were harmed so much huh.
Glad your channel made it through those false strikes man, we're all better for it. Merry Christmas :)
Merry Christmas from Manchester UK
Moral of the story is the rumors are true people are dumb.
Damn your videos are getting better every time
My 86 beanie babies watching me look at them with a horrified grimace..
(yes i have issues)
We weren’t rich enough to afford these sorta things. The silver-lining being that I don’t need to bring a teddy with me to bed in order to sleep. 😊
We've all learnt by now: market bubbles tend to burst. Your 100k can turn into just 100 bucks overnight.
My parents actually bought beanies for my brother and I. I have two giant totes and many encased bears and recognized a surprising number of the beanies shown in this video as ones in my collection. Ultimately for me beanies got replaced by pokemon and later Magic cards. I had to stop looking at the value of my base set and up pokemon cards because they actually are becoming worth quite a bit, but like the beanies, I have too much notalgia to ever sell them.
Yes!! Regular Magnates videos are back!
Great video on beanies. I liked going to the hallmark store to look at the beanies every so often.
Omg i was grown woman at 27 buying these in 1997 😂 i still have most in a 📦 . Thanks for the reminder.
Me watching this with my beanie babies staring straight at me: 😳
Magnets media editors 🔥❤🔥
I always wanted a beanie baby bunny as a child but didn't get enough pocket money to afford one. Went to a charity shop a while ago and found that someone had unloaded their entire collection. I finally got my bunny for just 0,50€ decades late.
I was just a kid that loved Beanie Babies, Puppy in my Pockets and Grand Champions. So I had accumulated almost all of them because my mom was awesome. She even surprised me on my birthday with every single McDonald's beanie baby.
Let's goo bean babies lore drops now 🗿
Rocket The Blue Jay was my very first Beanie Baby when I was 4 years old. I remember when my cat would sometimes take the bird, carry it around in his mouth and do this weird muffled meowing to let everyone know that he "killed" the bird lol. I still have Rocket and a few others that my parents had gotten for me and my younger sister over the years. I'm not getting rid of mine because of the memories that were created with them.
You know, when you advertise business oriented service, you should add line ”please i need new stories!” to the advert.
I like a few beanie babies but, not like this much. I remember going to a thrift shop and saw two beanie baby teddy bears and laughed, remember how they used to be like gold dust.
Honestly when a teddy bear is being put behind a gate like their prescription drugs or laundry tablets in shops then you know that you have a problem and you know you have something that should be seller simple as that
I can tell you have genuine excitement and interest when following these stories, appreciate the effort ❤
"she was making just $12 an hour" in 1992 😭
17:51 lmao is this ai or from a movie this scene looks great
I don’t get the use of AI clips. It instantly cheapens the video
It’s from a movie. “ The Beanie Bubble”
im only mid way and the editing is so good bro
This is INSANE. I am from Czech Republic and we have a beanie baby my 3yo loves, but I had absolutely no idea that it’s THE beanie babies brand. I’ve heard it in shows and somewhere on internet a million times but i’ve never made the connection. It’s not a known brand here, we have them in some toy stores but it’s just another stuffed animal
i waz a beanie baby smuggler, lol... I am from Canada - Lived in Toronto, then took a job in Columbus, Ohio... this was during the height of the craze and a number of my coworker's wives ❤'d beanie babies but u could not find them in stores? BUT u could in Canada - Toronto anyway... SO, whenever i took a trip back to Toronto (for the weekend or longer; whatever - it waz only a 6 1/2 bour drive) id go beanie baby shopping and bring back a bag of 16 to 24 or so beanie babies for my coworkers (they did look cute all bu ched in a bag)... During that time, there waz a lot of cross-border shopping (US citizens going to Canada to shop for the weekend due to the weak Canadian dollar)... it got bad enough that the US slapped s bunch of tariffs on certain Canadian goods being transported across the border? Beanie babies mAde that list, so i had to SMUGGLE them across the border. lol
Nice to see another video again!!❤
it surprised me how well beanie babies are built. Usually my puppy goes through a stuffed animal in 3 to 5 days from the dollar store with their more premium ones too. We gave her a beanie baby the smokey the cat one and it took her like a month to destroy it. We were making sure she didn't eat the pellets or anything inside the toy.
Man..this was the best greed based collectable. As a kid, I'd buy a Beanie or two at $5, and was able to flip a few down the line for $40, but grew out of fighting for animals I didn't even like or want. I still own a few original designs, I don't care about what it's worth, it's just a cool childhood thing that rings with me from the early days and is an animal I collect.
Is there a one more amazing video for 2024🎉 ? I'm soo excited 😊.
Just a suggestion - a big documentary on Disney Company that would be extremely great by you champ!!
I remember the Beanie Baby craze
Best documentary channel everrrrr!!!!!❤️
Oi, editor! Chill with the sound effects at EVERY transition (which becomes HORRIBLE to watch since this has clearly been produced with retention in mind)
.. I had to stop watching it, sorry! *whoosh whoosh*
I’m 36 and I still have my beanie babies in a vacuum seal bag in storage. I’ll never get rid of them. It was the obsession in elementary school!
Hey do you have a website for your sources
Great stuff as always ❤ but the contrast on the screen is very dark
Currently they’re out here buying up Hot Wheels like they’re the next beanie babies
Usually think all programs are a scam. Yours is something I'm considering
THE GOAT IS RETURN❤
I dont think anyone has done a better job explaining bubbles than the South Park NFT episode
McDonalds was my very first job ever. They had a "Rare" one they made that was not for sale at all but was only given to the McDonalds staff. I still got that thing. Never opened it. This video made me think of it. They always sold out but...Didn't know it was this much frenzy to it.
Barely a pyramid scheme as the items value depends in part on scarcity.
18:10 I never would have thought I’d see Child’s Play in a Magnates Media video
Entering RUclips only to see that the legend has posted again.
But please can I ask where you get your assets from ? Or do you make them
I was a teen back when McDonald's had them at their height. Lines were out down the road. Karen's screaming when we didn't have the ones they wanted. It was ridiculous.
Remember collectable Pogs in the mid 90s? Did they even last a year? I guess it was the big collectable after Garbage Pale Kids cards & before Beanie Babies.
💡 Superb job! Your knowledge is very impressive. 💡
I still have my old beanie babies in a bag in my closet. Good times playing game with my sister with them.
I'll never forget when a drug addict down the road from me as a kid broke into my house and stole my Radar the bat Beanie Babie.
Why do you take so long to upload videos😢
I feel bad for the people who bought bears at like 1k and wanted to resell at 5k and now they are worth nothing
Great video and really good editing, the Sound effects are a bit annoying and over the top tho! But great content overall!
I got my son a big green bear, it came up on the video, and I bought it 20 years ago he's had the label off and he's loved it to death and he's passed it on to his 5 year old sister now. Despite it being loved it still looks good.
Love your videos,bro...😊😊😊
"Outselling every other toy"
- 99' Furbie has entered the chat.
Magnaaaaates did it again 😊🎊
These are the greatest videos on youtube. Not all that junk that makes your brain rot.
Artificial scarcitity: the best way to sell to regarded people. Works all the time.
Today morning i said today is the best day of my life and now i am watching my fav youtuber
In the 90's I remember going from store to store looking for beanie babies and them constantly being sold out, and for no other reason than to bring them to school to show other kids I have them lol ridiculous
Another upload? So soon? Damn! 🔥🔥🔥🔥