The Top 7 Rarest Squishmallows Of 2024 And Their Shocking Resale Values

The global craze for Squishmallows has transformed the cuddly plush toys into serious collector's items, with the rarest editions fetching thousands of dollars on the secondary market. As of December 2025, the title of the absolute rarest Squishmallow is consistently held by a specific, highly limited black cat, a character that represents a significant milestone in the brand's history. Understanding the value of these plushies requires looking beyond their softness to their scarcity, unique tags, and the historical context of their release.

The intense competition for these plush collectibles is driven by their extremely limited production runs, often tied to exclusive events or milestones. The most valuable Squishmallows are not found on store shelves today; they are traded among dedicated fans and serious investors in a booming resale market that has seen prices skyrocket, turning a simple toy into a genuine investment piece. This list breaks down the most sought-after and expensive Squishmallows you might never find.

The Holy Grail: Top 7 Rarest and Most Valuable Squishmallows

The rarity of a Squishmallow is determined by its production quantity, size, and the exclusivity of its release. The following list details the seven most elusive and highest-value Squishmallows that any serious collector dreams of adding to their "ISO" (In Search Of) list.

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1. 16-Inch Jack the Black Cat (Limited Edition 500th Squishmallow)

Rarity Factor: Only 500 units produced globally.
Estimated Resale Price: $1,500 – $2,500+

Jack the Black Cat is universally recognized as the rarest and most valuable Squishmallow in the world. Released in 2020, the 16-inch version was designated as the 500th Squishmallow character ever produced, a momentous milestone for KellyToy, the creator of the brand. This exclusive status is cemented by the special gold "500" tag adorning his ear, a clear sign of his limited-edition status. Jack is an all-black cat with closed white eyes and a pale pink nose, known in his lore as the strong silent type. His extreme scarcity as the first-ever limited-edition Squishmallow has made him the undisputed "Holy Grail" for collectors, with sales regularly exceeding $2,000.

2. JSK the Cat (Founder's Edition)

Rarity Factor: Only 250 units produced.
Estimated Resale Price: $1,000 – $1,500+

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JSK the Cat is a close runner-up to Jack in terms of pure scarcity. This white cat is part of the ultra-exclusive Founder's Edition squad and was named after KellyToy’s founder, Jonathan Kelly. Only 250 of the 12-inch JSK were ever created, making him half as common as Jack. JSK features distinct gold and blue patches, often depicted in a business suit with a tie, reflecting his namesake. The incredibly low production run and direct connection to the brand's origins ensure his status as a legendary collector's item, commanding a high price on the secondary market.

3. Golden Hans the Hedgehog (100 Million Sales Commemorative)

Rarity Factor: Extremely limited release to celebrate 100 million Squishmallow sales.
Estimated Resale Price: Variable, likely $500 – $1,000+

To celebrate the monumental achievement of selling over 100 million units, KellyToy released a special, exclusive gold edition of the popular character Hans the Hedgehog. This commemorative Squishmallow is a symbol of the brand's global success. While the exact production number is often kept secret, the method of release—typically through special promotions or contests—ensures that only a tiny fraction of the collector base has access to this dazzling, metallic-colored plush. The appeal lies not just in the rarity but in owning a piece of Squishmallow history.

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4. Stacy the Squid (SDCC Squad 2022 Check-In Series)

Rarity Factor: Exclusive to a specific San Diego Comic-Con (SDCC) event.
Estimated Resale Price: $500 – $800+

While a common version of Stacy the Squid exists, the SDCC Squad 2022 Check-In Series edition is a different beast entirely. Exclusive to attendees of the major pop culture convention, this variant is incredibly difficult to acquire after the event. Stacy is a shy squid who prefers to be home with her friends, but her rare SDCC variant forces her into the spotlight of the resale market. Convention-exclusive Squishmallows, like Stacy, are highly sought-after because their limited distribution is geographically and temporally constrained, creating instant scarcity.

5. Fania the Owl (Original Release)

Rarity Factor: Once considered one of the most expensive ever sold.
Estimated Resale Price: Highly variable, but original releases can exceed $1,000

Fania the Owl holds a special place in Squishmallow lore. At one point, an original Fania sold for nearly $3,000 on eBay, solidifying her status as an early high-value collector's item. Although Fania has since seen more widespread releases, the original production run, particularly those with specific tags or in certain sizes, remains incredibly valuable. Fania loves reading and is a favorite among the original "Squishmallow Squads." Her story is a perfect example of how the *first* or *original* version of a character often retains the highest value, even if the character is later re-released.

6. Avery the Mallard Duck (Original Fluffy Belly Variant)

Rarity Factor: Early version with unique texture and limited distribution.
Estimated Resale Price: $300 – $600+

Avery the Mallard Duck is a popular character, but it is the original variants, particularly those with a unique, fluffy, or textured belly, that command high prices. Avery is a classic farm animal Squishmallow and a beloved member of the Farm Squad. The rare variants were often released in specific regions or through limited-time retailers, making them difficult to find for the general collector base. Collectors pay a premium for these subtle differences, proving that sometimes, the material and texture are just as important as the character itself.

7. Blossom the Lamb (Original Pink Tie-Dye)

Rarity Factor: Difficult-to-find original tie-dye pattern.
Estimated Resale Price: $200 – $500+

Blossom the Lamb, particularly the original pink tie-dye version, is a highly sought-after member of the Spring Squad. The intricate and unique nature of the tie-dye pattern means no two are exactly alike, adding an element of uniqueness to the scarcity. Like Fania, Blossom has seen re-releases, but the original, early production models are the ones that drive the high prices. The demand for these early, bright, and distinct designs remains consistently high among enthusiasts who prioritize collecting the inaugural versions of popular characters.

The Anatomy of a Rare Squishmallow: Why Are They So Expensive?

The staggering prices of these plush toys are not random; they are the result of specific, verifiable factors that drive the collector's market. Understanding these elements is key to identifying a genuinely rare Squishmallow.

Limited Production and Exclusivity

The single most important factor is the production number. With only 500 units, Jack the Black Cat is a prime example. Other exclusive releases, such as the SDCC Squad or Founder's Edition (like JSK the Cat), restrict availability to a small group of people, creating instant, artificial scarcity. These are not mass-market toys; they are carefully controlled collector's items. The term "limited edition" in the Squishmallow world means exactly that, often backed by a numbered tag or certificate.

The Power of the Tag and Bio

For serious collectors, the plush itself is only half the value. The hang tag and sew tag must be intact and in pristine condition. A damaged or missing tag can drastically reduce the resale value. Furthermore, unique tags, like the gold "500" tag on Jack, act as undeniable proof of authenticity and rarity. The character's unique biography or "lore" also adds sentimental value; for example, knowing that JSK is named after the company founder adds a layer of history that collectors cherish.

The Resale Market and Collector Community

The high prices are sustained by a robust and passionate community that actively uses platforms like eBay, Mercari, and dedicated social media groups. Terms like "ISO" (In Search Of), "HTF" (Hard to Find), and "NWT" (New With Tags) are common LSI keywords in this community, illustrating the serious nature of the trade. The market operates on the principle of supply and demand: very low supply of a specific plush meets extremely high demand from a global collector base, inevitably driving the price into the thousands. The Squishmallow resale market is a dynamic ecosystem where prices fluctuate based on the latest releases and the current "hype" surrounding an older, discontinued character.

How to Spot a Future Rare Squishmallow

If you are looking to invest or simply want to hunt for a future collector's item, keep an eye out for these tell-tale signs:

• Convention Exclusives: Any Squishmallow released only at events like Comic-Con, ECCC (Emerald City Comic Con), or other major expos.
• Retailer Exclusives: Items tied to a specific small or regional retailer that are not widely available.
• Size Variants: Unusual sizes, such as a very small clip or a very large 24-inch version of a popular character, can sometimes become rare.
• Production Errors: While not officially rare, minor manufacturing flaws or unique color variants can sometimes be highly valued by niche collectors.
• Anniversary or Milestone Editions: Similar to Golden Hans, any plush released to celebrate a company milestone is likely to be a controlled, limited run.

The world of Squishmallows is a fascinating blend of cute comfort and cutthroat collecting. While owning a $2,000 Jack the Black Cat may remain a dream for most, the thrill of the hunt for a new, limited-edition plush keeps the community vibrant and the resale market booming. The next "Holy Grail" is always just one exclusive release away.