This 1998 Ty Beanie Baby, named "Hope" the Praying Bear, is a rare find with tag errors that make it even more valuable. The brand, Ty, is known for their collectible beanbag plush toys, and this particular item belongs to the Beanie Babies-Original, Retired category. The bear's characteristics include its year of production (1998) and its featured refinements, such as its unique and sought-after tag errors. The Beanie Baby's character family is also listed as "Beanie Baby."