In 5 different auctions, 5 authenticated old-faced bears have been sold without hang tags. These Beanies, which have the 1st generation tush tags, are some of the most sought after creatures made by Ty. Like the Steiff Teddy bears, they may be the most collectible Beanies in existence. We often see these same bears with 1st generation hang tags sell for just under $600 and a 2nd generation hang tag Teddy often sells for just under $500. Losing the hang tag could reduce the value of these pieces by 78% to 82% depending on what hang tag they started with.