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Rare Princess Diana Beanie Baby Listed On eBay With Expensive Price Tags, While TY Collectors Issued Fraud Alert

Apr 21, 2015 09:58 PM EDT | By Excel Medina

Leah Rogers and Ryan Flanagan bought one of the 100 first editions of Princess Diana Di Beanie Bears in a flea market and later found out that it costs a fortune on eBay.

As the Beanie bears went viral on eBay, TY Collectors issues fraud alert in regard to its pricing.

The British couple was selling toys at a flea market in Bude, Cornwall and noticed a limited edition purple bear in a nearby stall. Rogers bought the bear at £10 and thought it could be priced around £20,000, Independent reported.

''Ryan and his sister used to collect Beanie Babies so before we sold a load we just wanted check that they weren't worth anything,'' Rogers told the Daily Mail

"As we were looking, we saw that this purple bear was the rarest bear and it was going for around £20,000. We didn't think anything of it.''

The couple was shocked to find out that the bear they bought was one of the 100 Princess Diana Beanie Baby made around the world and one of the bear was listed on eBay for £62,500.

"We couldn't believe it. We picked it up for £10 and it could be worth tens of thousands,'' Rogers continued.

"It's so hard for young people to get on the property ladder, so we think this could really be a blessing," Rogers said.
The couple also discovered that the, 'bear was handmade in Indonesia in December 2007 with special PE pellets and wording on the tag, which refers to the Princess Of Wales Memorial Fund - all of which make it a first edition bear.'

The couple decided to put the bear in auction last night with a starting bid price of £20,000 and would put the money to deposit for a house.

Many of the bear's owners are in high hopes that they could sell theirs for thousands of dollars too.

But according to The Blaze the bear may not be valuable as everyone believes as TY Collector  blasts previous reports on its official statement.

''In an irresponsible and non-professionally researched newspaper article on April 18, 2015, the UK Daily Mail and The Sun (UK) provided misleading information about Princess Beanie Baby values. Once again, tycollector.com was inundated with emails from people in the UK and Ireland hopeful that their Princess Beanie Baby was worth a lot of money and asking for the best way to sell theirs,'' the statement read.

''The writer of the original article (as is usual with these types of articles) used 'listing' prices on eBay, as opposed to the prices buyers have actually paid for Princess over the past 30 - 60 days, to support the premise that Princess is valuable. One cannot avoid speculation about the credibility of ANY article in the UK Daily Mail or The Sun, when those online magazines/newspapers permit such a misleading article as the one about the Princess Beanie Baby to be published.''

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