Rare Squishmallows

The Definitive Guide to Rare Squishmallows — What Collectors Need to Know

Squishmallows have gone from soft-toy comfort pillows to one of the hottest collectible crazes of the last decade. If you’re curious about rare Squishmallows — which ones are truly scarce, why some sell for hundreds or even thousands, and how to find them without getting scammed — this long-form guide covers everything a buyer or collector would want to know before committing. I’ll explain rarity factors, list the most sought-after models, give practical sourcing and authentication tips, and show how to care for and protect your collection.


What are Squishmallows? A quick primer

Squishmallows are plush toys created by Kellytoy (distributed by Jazwares). They come in many sizes (commonly 3″, 5″, 8″, 12″, and 16″), with unique character names, “squishy” marshmallow-like texture, and collectible hangtags that list character info and an identification code. Over the years Squishmallows expanded into seasonal drops, retailer exclusives, limited editions, and collabs — and that’s where scarcity and collector value begin. (Background and rarity program info: Jazwares.)


Why some Squishmallows become “rare”

A Squishmallow becomes rare for one or more of these reasons:

  • Limited production runs or numbers — some releases were only made in very small quantities (e.g., limited-edition promos).
  • Retail exclusives — characters sold only at a single chain or region (e.g., Canada-only or store exclusives).
  • Early/first editions and prototypes — first-wave characters or early runs (older hangtags / different tag art) are collectible.
  • Event/special seals — Jazwares’ rarity/limited-quantity seals or special hangtag marks make some drops intentionally scarce.
  • Unintended scarcity — items that unexpectedly sold out fast or were pulled from distribution become sought after.
  • Condition & provenance — mint condition with original hangtag and packaging is far more valuable than played-with examples.

Because a mix of marketing, distribution quirks, and collector demand drive rarity, values can change quickly — so staying plugged into the community helps.


Which Squishmallows are considered the rarest? (Notable examples)

Collectors and reference guides repeatedly name a handful of characters as among the rarest. Below are the most frequently cited ultra-rare Squishmallows, with why they’re special and what to look for.

  • Jack the Black Cat (limited editions) — often referenced as the single rarest Squishmallow in many lists; some limited editions were produced in extremely small numbered runs (reported example: 500 units). These limited embroidery/tag features identify them.
  • Founders Cat / Early prototype cats — early promotional or founder-run plushies are prized because they predate mainstream releases. Provenance (photos, receipts) increases value.
  • Bigfoot (certain variants, e.g., white fluffy Bigfoot) — retailer exclusives like Canadian Superstore variants (and unusual colorways) are rare by geography.
  • Fania the Purple Owl / certain seasonal variants — widely listed among the top rare/valuable Squishmallows in price guides and roundup articles.
  • Axolotl Archie, Blossom the Sheep, and other limited-run characters — appear on multiple curated rare lists and are notable for limited drops, retailer exclusivity, or special edition status.

Important note: multiple pages, guides, and video roundups keep dynamic lists of “top 10” or “top 18” rare Squishmallows — those lists overlap but evolve as new limited editions appear and as sales happen. Use the lists above as a starting point, not an immutable checklist.



How to identify authentic and valuable Squishmallows

Collectors should authenticate carefully to avoid overpaying for ordinary pieces or getting counterfeit items.

  1. Check the hangtag — authentic Squishmallows have printed hangtags with Kellytoy/Jazwares identification, character name, squad, and often a production code. Special limited releases may have additional seals or embroidery.
  2. Inspect materials & stitching — real Squishmallows have a distinctive marshmallow-soft plush textile and tight, even stitching. Fake copies often use cheaper fabric and loose seams.
  3. Look for retailer marks — exclusives might have unique UPCs or retailer branding (e.g., store-exclusive codes).
  4. Provenance & photos — for ultra-rare pieces, ask the seller for original purchase receipts, photos of unopened packaging, and multiple clear shots of the hangtag.
  5. Compare to trusted references — use master lists, price guides, and collector databases to match tag art and unique markings.

If a “rare” Squishmallow is being sold at a suspiciously low price, be skeptical: either it’s misidentified, in poor condition, or not the limited variant.


Storage, care, and display for high-value Squishmallows

To keep resale value or personal enjoyment high:

  • Keep original tags attached whenever possible — removing the hangtag lowers collector value.
  • Display away from sunlight — direct UV fades fabric over time.
  • Dust & clean carefully — spot-clean with mild detergent and air-dry; avoid harsh washing machines for collectible pieces.
  • Store in climate-controlled places — heat and dampness can degrade stuffing and fabric. Use breathable storage bins, not sealed plastic for long-term storage.
  • Insurance & inventory — for very expensive pieces, photograph, catalogue, and consider insurance or secure storage.

Collecting rare Squishmallows can be joyful, social, and potentially profitable — but it also requires homework. The items most likely to command high prices are genuinely limited runs, retailer or regional exclusives, and early/founder pieces with verifiable provenance. Use trusted guides and community resources, authenticate carefully, and treat high-value purchases like any other collectible investment: document everything, ask for proof, and buy from reputable sellers or community-trusted sources.