Precisely what is an Beanie?

An Beanie can be described as a tiny stuffed animal, usually made of wool, felt, or cloth, which is often given away at sporting events. Many collectors swear that they don't feel any sentimental attachment towards the items in their Beanie collection. Instead, they devote countless hours studying the market and learning about its complexities. In addition, they know that their pursuit may be a little silly and that others might consider them insane.
Beanie Babies were handed out at the end of a baseball game.

Since 1997 in 1997, over 22 Major League Baseball teams have offered Beanie Babies during baseball games which has brought thousands of spectators to their stadiums. Ty has collaborated with MLB to create special tags to Beanie Babies to commemorate players as well as special events. This includes Mac the Cardinal, Rocket the Blue Jay, and Sammy the Bear. Each has its own giveaway day.
They are important

Vintage Beanie Babies are valuable, depending on the condition and rarity. Some collectors are willing to offer as high as $50,000 for an original 1992 Ty Beanie. Others will be willing to pay more than $25,000 an old-fashioned 1997 Lefty the Donkey.
They are made from wool, felt, cloth leather, silk or

Felt is one of the strongest fabrics. It is composed of tiny fibers which are interlocked in each direction. It is therefore lighter than woven fabrics that is made up of interlocked fibers that are twisted in straight lines. Also, it is the most durable fabric because it requires the least amount of fibers to be tough. Felt is also waterproof and stain-resistant, and it is hypoallergenic.
They sport a clown face.

This  beanie  is adorned with a big clown face and propeller. It is constructed of acrylic yarn, and it is one size that will fit most. This clown  beanie  also has an embroidered front design as well as plush fur.

They are made of an brimless cap

The smallest hat, known as a beanie is that are made from wool, felt fur, hair, or fur.  beanie hat  are compacted and shaped through a process that involves rolling, pressing and heating. Fez is a brimless flat cap that is made of red felt. It is usually used as a hat during winter when temperatures is below freezing.