I am an avid bear collector. I have well over 200 bears varying from stuffed to figurines, and pictures. I paid $3 for this bear. Did some research and found that he is worth at least $45 or more. He is a limited edition.
They only made 2002 of him. His name is Gundy.
Each year Gund has a different anniversary bear with jointed arms and legs, and they only make as many as the current year.
ie: The year 2002 they only made 2002 of these bears.