The product is a 1998 McDonald's Teenie Mini Ty Beanie Baby, specifically The Worm, which is part of the Happy Meal sealed collection. This collectible plush toy is small, measuring 4 inches, and is a nostalgic item from the popular Ty Beanie Babies series. With its unique design and limited availability, this Teenie Beanie would be a prized addition to any toy or Beanie Babies collector's collection.