December 4, 1998 – A Steiff Mickey Mouse Doll Sells for $7,261 at Christie’s Auction
On December 4, 1998, Christie’s Auction House held a teddy bear themed auction at their auction house in London, South Kensington. At this auction, a rare 1930s Steiff Mickey Mouse doll was listed on the block, estimated to sell between £2,000 and £3,000 (around $3,323 to $4,985 at the time; around $5,127 to $7,691, adjusted for 2018 inflation). The doll would end up selling for £4,370 ($7,261; around $11,203 adjusted for 2018 inflation). Steiff had been creating teddy bears and specialty dolls since 1880, and was asked by Walt Disney to help create what would become an iconic Mickey Mouse doll.