Thank you for submitting your item for appraisal. This appears to be a vintage artificial silk plush Stuffed Teddy Bear of cinnamon / brown colour. Judging from the hard plastic nose and glass eyes I would assume the teddy dates to the 1960s. It must have been loved very much by the previous owner, there are quite a few stitches and the paws and feet might have been exchanged completely. The teddy bear has a uniqueness to it and possibly a very high sentimental value, but a serious teddy bear collector would rather not buy it.
Similar teddy bears sell in the price range listed.