The product is the Ty Color Me Beanie Birthday Kit from 2003, which includes a Beanie Baby plush toy in its original packaging. This kit is part of the Beanie Babies character family and is recommended for children ages 3 and up. Made by the brand Ty in China, this sealed kit allows users to customize their Beanie Baby by coloring it with the included markers, making it a fun and creative gift for any Beanie Babies enthusiast.