Article: Steiff soft toys: professional appraiser Helaine Fendelman identifies and evaluates your collectibles and antiques.(what is it worth?)

valued at: $250

The German toy company Steiff produced the "Peggy" penguin from 1956 to 1975 in five sizes (4" to 19"H). This 1950s example (13"H) has a plush mohair body, a felt beak and feet, and glass eyes. The tag, label, and button, usually affixed to the chest, are missing.

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what is it? In 1880, Margarete Steiff founded the Steiff Toy Company. She had crafted a felt elephant for use as a pincushion. When it became popular with children as a toy, she produced other soft fabric animals, including penguins, clams, whales, dolphins, seals, lobsters, birds, and cats. By the early 1900s, the Steiff Toy Company was ...

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