Precisely what is an Beanie?

A Beanie is a small, stuffed animal made of felt, wool, leather or cloth. It is usually donated at sporting events. Many collectors swear that they do not feel any emotional attachment to their Beanie collection. Instead, they spend countless hours looking into the market and learning about the nuances. They also know that their passion is a bit silly, and that other people may find them to be crazy.
Beanie Babies were given out at the end of a baseball game.

Since 1997, since 1997, 22 Major League Baseball teams have given away Beanie Babies during baseball games, drawing thousands of additional supporters to stadiums. Ty has collaborated with MLB to develop special tagging specifically for Beanie Babies to commemorate players as well as special events. These include Mac the Cardinal, Rocket the Blue Jay, and Sammy the Bear. Each of them has their own prize day.
https://writeablog.net/davidshadow48/what-is-an-beanie-1k5d  are extremely valuable

Vintage Beanie Babies can be valued, depending on the condition and the rarity. Some collectors can be willing to pay up to $50,000 for a 1992 Ty Beanie. Other collectors will spend more than $25,000 for an old-fashioned 1997 Lefty the Donkey.

beanie cap  are made of wool, felt, cloth, leather, or silk

Felt is one of the strongest fabrics. It is made up of tiny fibers interlocked in every direction. This makes it lighter than woven fabrics that is composed of twisting fibers in straight lines. Additionally, it's the strongest fabric since it needs the least amount of fibers to be durable. Felt is also waterproof , stain-resistant and hypoallergenic.
They've got a clown's face.

This  beanie  is adorned with a big clown face that has a propeller. It is constructed of acrylic yarn, and it is one size fits most. The clown beanie is also an embroidered front design along with plush hair.
They are constructed from a brimless cap

Beanies are small , tin-sized hats made of felt, wool fur, hair, or wool. These materials are compacted and shaped through a process that involves rolling, pressing and heat. Fez is a brimless flat top cap made from red felt. It is typically worn as a hat in winter when temperatures is below the freezing point.