RICH KIDS OF INDIA™ on Instagram: "The World’s Most Expensive Teddy Bears 5. Happy Steiff Bear In 1926, German toy brand Steiff created the cheerful “Happy Bear,” which sold for $55,000 (around 45 lakhs INR). In 1989, Paul Volpp gave it to his wife as an anniversary gift, symbolizing his undying love. Tag your better half if you’d love a unique gift like this! 4. Harlequin Teddy Bear Another Steiff creation, this two-toned teddy nicknamed “Harlequin” was priced at $75,826 (about 63 lakhs INR). 3