Steiff Tinsel 1994 Sweater Bear w. Hat Ornament Red Box. 
The Tinsel Ornament is a Steiff North American Exclusive Bear for 1994. Limited to only 2,500 pieces, this little white bear is dressed in a small red knit sweater with a long matching red knit cap with white pom pom! He is made of fine white Mohair, fully jointed (neck, shoulders and hips), and made in Germany with his button in ear. You can use the knit red loop to tie the bear to a Christmas tree, or you can easily cut off the loop if you wish to display the bear standing. He stands approximately 4" tall/ This Steiff Christmas Ornament is, according to his hang tag, an 'Historic Steiff Miniature" rare and hard to find. His EAN is 03000. This was Steiff's first "Collectible Tree Ornament."