The product is a Ty Beanie Baby plush toy called Goatee, released in 1999. It comes with a hang tag and is made with pe pellets. This collectible item is from the original Beanie Babies line and is now retired, making it a sought-after piece for collectors of vintage toys. The brand, Ty, is known for producing high-quality and popular plush toys, and this particular item is a rare find from the late 90s.