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Report Abuse. It depends on what edition you have of the beanie baby and the condition. Just like coin collecting, is it in mint condition, unused, with all original tags. If you check on ebay there are Peanut, Royal Blue Elephants for sale that range from $2 to $400. The $400 model is a TY brand, 1995 model with both original tags and no wear. There is a mark on the tag, however.