10 of the Most Expensive Teddy Bears in the World

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Hanna Kampourogianni


In the fascinating world of teddy bear collecting, certain plush treasures have transcended their status as childhood companions to become highly sought-after collector’s items. These exceptional teddy bears are not only cherished for their cuddly charm but are also celebrated for their astonishing price tags, making them some of the most expensive teddy bears in the world.

Let’s delve into the stories behind these ten remarkable collectibles, each with a unique history and a remarkable place in the world of teddy bear collecting.

1. Steiff-Karl Lagerfeld Teddy Bear – $3,687.26

10 of the Most Expensive Teddy Bears in the World
Steiff-Karl Lagerfeld Teddy Bear

The Steiff-Karl Lagerfeld Teddy Bear, valued at $3,687.26, stands as a testament to the convergence of high-end fashion and timeless craftsmanship.

This limited edition bear, created in 2008, resulted from a collaboration between the prestigious manufacturer Steiff and the iconic German creative director and artist, Karl Lagerfeld. With a mere 2,500 of these bears in existence, it’s not just a teddy bear; it’s a collector’s gem.

Dressed in Lagerfeld’s signature black suit and sunglasses, adorned with ear studs and a stylish belt, this teddy bear exudes sophistication. Its exclusivity and unique design make it a prized possession among collectors of both fashion and teddy bears.

2. Steiff Rod Bear PB28 – $10-12,000

10 of the Most Expensive Teddy Bears in the World
Steiff Rod Bear PB28

The Steiff Rod Bear PB28, with an estimated value ranging from $10,000 to $12,000, is a captivating relic from the early days of teddy bear history. Produced in 1904 by the renowned manufacturer Steiff, this bear is a collector’s dream.

What sets it apart is its innovative metal rod joints, a departure from the string-jointed bears that Steiff was crafting in 1903. This groundbreaking design marked a significant shift in the evolution of teddy bears.

With its unique articulation and historical significance, the Steiff Rod Bear PB28 has become a prized possession among collectors, an emblem of the rich heritage of teddy bear craftsmanship, and a glimpse into the fascinating history of this beloved toy.

3. Steiff’s Grandfather Bear – ~$12,900

10 of the Most Expensive Teddy Bears in the World
Steiff’s Grandfather Bear

Steiff’s Grandfather Bear, with an approximate value of $12,900, represents a remarkable chapter in the story of teddy bear collecting. This venerable bear, known for its oversized, elongated limbs, was originally crafted to serve as a display piece.

Its origins trace back to Steiff, a legendary manufacturer with a legacy of creating exceptional teddy bears. Priced between £10,000 and £15,000, or around $12,900 – $19,400, according to Christie’s, the Grandfather Bear holds a special place in the hearts of collectors.

Its distinctive appearance and historical significance make it a cherished piece that connects the past and present, preserving the tradition of teddy bear craftsmanship.

4. Steiff Alfonzo Teddy Bear – ~$16,000

10 of the Most Expensive Teddy Bears in the World
Steiff Alfonzo Teddy Bear

The Steiff Alfonzo Teddy Bear, valued at approximately $16,000, carries with it a rich history and a touch of royalty. This bear, a special creation from 1990, holds its roots in a royal heritage.

Commissioned and crafted for Grand Duke George Mikhailovich of Russia to present to his daughter, Princess Xenia Georgievna of Russia, in 1908, the Alfonzo bear is a testament to luxury and heritage.

Adorned with unusual red mohair fur, authentic period wood-wool stuffing, and a distinctive Russian Cossack-style tunic, it radiates opulence. Princess Xenia’s daughter inherited this bear, and it was sold for nearly $16,000.

Later, a limited edition run in 1990 rekindled its allure, with one of these bears being auctioned for about $742. The Steiff Alfonzo Teddy Bear is a unique blend of historical significance and plush luxury, cherished by collectors worldwide.

5. Steiff Diamond Eyes Bear – $35,000

10 of the Most Expensive Teddy Bears in the World
Steiff Diamond Eyes Bear

The Steiff Diamond Eyes Bear, with a price tag of $35,000, is a true masterpiece among teddy bear collectors. In 2008, to celebrate Steiff’s 125th anniversary, 125 of these opulent teddy bears were created.

What makes them extraordinary are their exquisite features, including a mouth and nose crafted from gold, fur woven from threads of pure gold, and eyes adorned with glittering diamonds and sapphires. Each bear was offered at 9,000 euros or $35,000.

This limited edition creation not only pays homage to Steiff’s illustrious history but also stands as a symbol of unparalleled luxury, attracting collectors who appreciate the finest in teddy bear craftsmanship and the splendor of rare gemstone embellishments.

6. Steiff Centre-Seam Bear – $37,000

10 of the Most Expensive Teddy Bears in the World
Steiff Centre-Seam Bear

The Steiff Centre-Seam Bear, with a price of $37,000, is a true testament to the enduring appeal of antique teddy bears. Produced around 1908, this bear boasts a distinguished cinnamon brown mohair coat and wears a silver brooch engraved with the name “Will.”

Its historical significance and remarkable craftsmanship have made it a highly sought-after collectible. In 2004, it was sold at auction by Christie’s for approximately $37,000.

The Steiff Centre-Seam Bear exemplifies the timeless charm and craftsmanship of early teddy bears, capturing the hearts of collectors who treasure the rich history and artistic ingenuity behind these cherished toys.

7. Steiff Hot Water Bottle Teddy Bear – $40,358.82

10 of the Most Expensive Teddy Bears in the World
Steiff Hot Water Bottle Teddy Bear

The Steiff Hot Water Bottle Teddy Bear, priced at $40,358.82, is a rare and exceptional find in the world of teddy bear collecting. Crafted by Steiff around 1907, this teddy bear is truly one-of-a-kind.

What sets it apart is its unique feature; it can actually hold a small hot water bottle with an opening on its front. While this innovation didn’t catch on and halted further production, it’s precisely the rarity and uniqueness of this bear that has elevated its value.

One of these remarkable bears was sold for an impressive 31,200 pounds, which equates to approximately $40,358.82, making it a prized possession for collectors who appreciate the unusual and the historical in the world of teddy bears.

8. Steiff Harlequin Bear – $60,609.84

10 of the Most Expensive Teddy Bears in the World
Steiff Harlequin Bear

The Steiff Harlequin Bear, with its playful appearance, carries a hefty price tag of $60,609.84, showcasing that teddy bear collecting can be as serious as it is fun. This colorful and unique bear, originally sold at Christie’s in 2010 for 46,850 pounds, exemplifies the enchanting world of collectible teddy bears.

With its vibrant and playful design, it might deceive the eye, but its value is no joke. The Steiff Harlequin Bear has a captivating blend of charm and rarity, making it a treasured addition to collections worldwide. Its auction price testifies to the passion and dedication of collectors who appreciate the whimsical side of teddy bear artistry.

9. Steiff Titanic Mourning Bear – $136,000

10 of the Most Expensive Teddy Bears in the World
Steiff Titanic Mourning Bear

The Steiff Titanic Mourning Bear, a symbol of historical significance and remembrance, commands a staggering price of $136,000, making it a rare and highly coveted piece among collectors. Crafted in 1912 following the tragic sinking of the Titanic, these black fur Steiff teddies were created as mourning gifts, marking a poignant moment in history.

Only 665 of these bears were ever produced in five different sizes. In 2000, one of these mourning bears was sold for $136,000 to the Puppenhaus Museum in Switzerland, commemorating the memory of a fateful event.

The Steiff Titanic Mourning Bear embodies the intersection of history, craftsmanship, and collectibility, capturing the hearts of collectors who appreciate the deep historical connection woven into this precious teddy bear.

10. Steiff Louis Vuitton Teddy Bear – $2,100,000

10 of the Most Expensive Teddy Bears in the World
Steiff Louis Vuitton Teddy Bear

In 2002, a remarkable collaboration between Steiff and Louis Vuitton gave birth to what is now renowned as the world’s most expensive teddy bear. Crafted with the utmost precision, this exceptional teddy bear is a masterpiece in itself.

It is meticulously made from the finest materials, featuring a luxurious combination of mohair and gold fibers. The bear adorns a custom-designed Louis Vuitton ensemble, exquisitely adorned with 24 carats of pure gold embellishments, reflecting opulence in every detail.

What truly sets this teddy bear apart is its eyes, which are not your typical button-like fixtures. Instead, they are made from precious sapphires and diamonds, adding an even greater sense of extravagance.

The record-breaking moment for this teddy bear occurred at a prestigious Christie’s auction held in Monaco, where it fetched a staggering $2,100,000. This extraordinary achievement earned it a well-deserved spot in the Guinness Book of World Records, solidifying its status as an iconic piece of art and history.

The proud owner of this unparalleled teddy bear is Jesse Kim from Korea, the visionary behind the Teddy Bear Museum on Jeju Island. His acquisition of this bear not only symbolizes its immense value but also its place in the hearts of teddy bear enthusiasts and collectors worldwide.

This remarkable creation stands as a testament to the fusion of art, craftsmanship, and luxury, making it an unforgettable piece in the world of teddy bears.

Final Reflection

In the enchanting world of teddy bear collecting, we’ve explored ten remarkable bears, each with its unique story, design, and historical significance. These extraordinary bears stand as testaments to the artistry, craftsmanship, and historical depth embedded in the world of plush collectibles.

10 of the Most Expensive Teddy Bears in the World
Multicolor Monogram Cotton Doudou Louis Teddy Bear, 2021

From the limited edition Steiff-Karl Lagerfeld Teddy Bear, commemorating high fashion, to the precious Steiff Titanic Mourning Bear, which serves as a poignant relic of history, these bears bridge the gap between art, history, and affection.

Collectors worldwide treasure them not only for their monetary value but for the stories they tell and the emotions they evoke. These ten teddy bears are not mere toys; they are living artifacts, connecting the past with the present and continuing to enchant the hearts of collectors worldwide.

If you’re as captivated by the world of teddy bear collecting as we are, consider embarking on your own journey. These extraordinary bears represent a rich tapestry of history, craftsmanship, and artistic expression.

Whether you’re a seasoned collector or a newcomer, delve into the world of teddy bears and uncover your very own treasure. Explore antique shops, auctions, and collector communities to find that special bear that resonates with your heart.

Start your collection, and who knows, one day, your very own teddy bear might become a cherished gem among collectors. Join this timeless tradition and embark on a journey that blends nostalgia, art, and history.

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4 thoughts on “10 of the Most Expensive Teddy Bears in the World”

  1. Thank you for sharing this fascinating article about the world of teddy bear collecting and the ten most expensive teddy bears. It was truly captivating to learn about the history, craftsmanship, and unique features of these remarkable collectibles.

    Now, I’d like to ask a question: Do you have a personal teddy bear collection, or is there a particular teddy bear from this list that you found most intriguing or memorable?

    • You’re very welcome! I’m delighted that you enjoyed the article about the world of teddy bear collecting and the most expensive teddy bears. While I do have a special place in my heart for teddy bears, I’m actually more focused on creating them and helping others learn the craft. Each teddy bear I’ve crafted holds a unique charm for me, but I must admit, it’s the process of bringing them to life that I find most fascinating and memorable.

  2. hey Hanna 🙂

    thx for the article, it was rly interesting to read about these fancy teddy bears. i never knew there were teddy bears worth so much! makes me wanna go dig in my attic to see if i have any hidden treasures 😄

    the Steiff Louis Vuitton Teddy Bear is like next level luxury, with all that gold and gems. jesse kim from korea must be feelin’ like a king owning that bear, lol.

    keep sharing cool stuff like this!

    • Hey there! 😄

      I’m glad you enjoyed the article about these fancy teddy bears. It’s amazing how some teddy bears can become valuable collectors’ items. And yes, that Steiff Louis Vuitton Teddy Bear is truly next level luxury with all that gold and gems – Jesse Kim must be on cloud nine with that unique bear! 🐻💎

      I’ll definitely keep sharing cool stuff like this, so stay tuned for more teddy bear adventures and inspirations. If you ever do find some hidden treasures in your attic, be sure to share your discoveries with us. Who knows, you might have a teddy bear gem waiting to be found! 😊🧸


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