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Last Updated: Friday October 15 2010 08:03 GMT

Old teddies and toys raise over a million pounds!

This teddy was part of a huge toy sale.

Old toys and teddy bears have proved that they're still on top form, selling for over a million pounds!

Hundreds of cuddly toys have been sold at a huge auction in London and raised a whopping £1,080,356 in total!

The star of the show was a red and blue bear, which made £46,850. It wasn't the £80,000 that was hoped for, but still pretty good going for an old teddy!

The toys were all made by a German company called Steiff and some were over a 100 years old!