In 1902, before the teddy bear gained popularity in the U.S., the German Steiff firm, led by Richard Steiff, created a stuffed bear based on his designs. This bear, labeled "55 PB," was showcased at the 1903 Leipzig Toy Fair, where 3,000 were ordered by Hermann Berg for the U.S. market. However, the fate of these bears is unclear, with some suggesting they were lost at sea, though this theory is debated. Steiff and Morris Michtom were both producing bears simultaneously without knowledge of each other's work.
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