What exactly is an Beanie?

An Beanie is a small, stuffed animal, usually made of felt, wool, leather, or cloth, which is typically offered at sporting events.  beanie cap  swear that they don't feel any emotional connection towards their Beanie collection. Instead, they spend endless hours looking into the market and learning its intricacies. They also know that their passion may be a little silly and that other people may find them to be crazy.
Beanie Babies were distributed at the end of a baseball game.

Since 1997, since 1997, 22 Major League Baseball teams have given away Beanie Babies during baseball games which has brought thousands of fans to the stadiums.  beanie cap  has worked with MLB to create special tagging to Beanie Babies to commemorate players and other special occasions. They include Mac the Cardinal, Rocket the Blue Jay, as well as Sammy the Bear. Each of them has their own prize day.
They are extremely valuable

Vintage Beanie Babies are valued, depending on the condition and rarity. Some collectors can pay as much as $50,000 for an original 1992 Ty Beanie. Other collectors will pay more than $25,000 for an old-fashioned 1995 Lefty the Donkey.

They are made of cloth, felt, wool, leather, or silk

Felt is one of the strongest fabrics. It is composed of tiny fibers that are interlocked in every direction. It is therefore lighter than the woven fabric which is made of twisted fibers in straight lines. Also, it is the most durable fabric since it needs the minimum amount of fibers in order to be strong. It's also stain-resistant and waterproof and is hypoallergenic.
They've got a clown's face.

The beanie has a huge clown face that has a propeller. It is made of acrylic yarn and is one size fits all. This clown  beanie  also has embroidered front art and hair that is plush.
They are made from a brimless cap

Beanies are small hats that are made from wool, felt fur, hair, or wool. These materials are compacted and shaped with a combination of pressing, rolling, and heating. Fez is a flat brimless cap that is made of red felt. It is typically used as a hat during winter when temperatures is below freezing.