The product is a 1998 TY Beanie Baby plush toy named Peanut the Elephant. This collectible item is part of the original Beanie Babies series and is recommended for children aged 3 and above. The labeling on the item indicates that it is not intended for resale, adding a unique aspect to the collectibility of this specific Beanie Baby. Perfect for fans of Ty products and collectors of vintage toys, this Peanut the Elephant Beanie Baby is a nostalgic piece from 1998.