Precisely what is an Beanie?

The Beanie is an incredibly small, stuffed animal, usually made of wool, felt, or cloth, which is typically donated at sporting events. A lot of collectors say that they don't feel any feelings of attachment towards their Beanie collection. Instead, they invest endless hours looking into the market and learning about the nuances. Additionally, they realize that their pursuit may be a little silly and that some people might consider them insane.
https://ctxt.io/2/AABQCAocEg  were distributed during a baseball game.

Since 1997 in 1997, over 22 Major League Baseball teams have offered Beanie Babies during baseball games and attracted thousands of spectators to their stadiums. Ty has worked with MLB to develop special tagging to Beanie Babies to commemorate players and special events. These include Mac the Cardinal, Rocket the Blue Jay, as well as Sammy the Bear. Each one has its own unique giveaway day.

They are valuable

Vintage Beanie Babies are valued, depending on the condition and the rarity. Some collectors can offer as high as $50,000 for a 1992 Ty Beanie. Others will pay more than $25,000 for a vintage 1996 Lefty the Donkey.
They are made from cloth, felt, wool, leather, or silk

Felt is among the toughest fabrics. It is composed of tiny fibers which are interlocked in each direction. It is therefore lighter than the woven fabric which is made of interlocked fibers that are twisted in a straight line. Also, it is the most durable fabric as it requires the minimum amount of fibers in order to be tough. It's also stain-resistant and waterproof, and it is hypoallergenic.
They've got a clown's face.

The beanie has a huge clown face with a propeller.  beanies  is constructed of acrylic yarn, and it is one size fits all. This  beanie  has an embroidered front design and hair that is plush.
They are constructed of an bristless cap

Beanies are small , hats made of felt, wool, fur, or hair. The materials are compressed and shaped with a combination of pressing, rolling, and heat. Fez is a brimless flat cap that is made of red felt. It is often worn as a hat in winter when temperatures is below the freezing mark.