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Last Updated: Tuesday, 4 July 2006, 16:39 GMT 17:39 UK
Rags-to-riches teddy bears sold
One of the rescued bears, Christie's Images Ltd
One of the bears, which sold for 7,200. Christie's Images Ltd
Two early Steiff teddy bears rescued after being dumped in skips have sold at auction for more than 10,000.

The rags-to-riches toys were in "tremendous condition" despite their history, Christie's auction house said.

A 28in, blonde mohair bear, dating back to about 1909, sold for 7,200, above its top estimate of 6,000.

A smaller example, the same age, which was saved after it was dumped in an Essex skip and taken to a rubbish tip, sold for 2,880 at the sale on Tuesday.

The world auction record for a teddy bear was set at Christie's in 1994 when "Teddy Girl," a cinnamon Steiff teddy bear, sold for 110,000.

The company, formed by German toymaker Margarete Steiff, made what is believed to be one of the first teddy bears.

She was confined to a wheelchair, due to a bout of childhood polio, and started making stuffed animals as a hobby.




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