The product is a 1998 McDonald's Ty Teenie Beanie Baby #6 Happy The Hippo. It is a collectible toy that is new and sealed in its original box. This Beanie Baby is part of a series of small plush toys released by McDonald's in collaboration with Ty. The brand and year indicate its rarity and value among collectors, making it a sought-after item for fans of the Teenie Beanie Baby line.