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Century-old teddy sells for four times estimate

Century-old teddy sells for four times estimate

Summary

A rare teddy bear believed to be made by Steiff in 1908 was sold at an auction for £1,250, significantly exceeding its estimated price. The bear, found during an estate clearance, was expected to sell for £300 to £500 but attracted a lot of interest despite its worn condition.

Key Facts

  • A teddy bear, thought to be made by Steiff in 1908, sold for £1,250 at auction.
  • The auction took place at the Cotswold Auction Company.
  • The bear was found during an estate clearance and was expected to sell for £300 to £500.
  • Features of the bear include a brown mohair coat, jointed limbs, and a swivel head.
  • The bear still has a working growl, though it now sounds more like a squeak.
  • It has some wear and tear, including bald patches and a repaired muzzle.
  • Despite missing the Steiff trademark button, experts strongly believe it to be a Steiff bear.

Source Information