The Ty Beanie Baby Peace Bear 1996 in multicolor is a collectible plush toy from the original Beanie Babies line by Ty. This specific bear is designed with a rainbow-colored pattern, making it a vibrant and eye-catching addition to any toy collection. Created in 1996, this Peace Bear is suitable for children aged 3-7 years old, providing a fun and cuddly playtime companion for kids. With its nostalgic appeal and high demand among collectors, this Beanie Baby is a sought-after treasure for fans of the brand.