Good afternoon, Joseph,

Thank you for contacting Mearto with your appraisal inquiry. Thank you for confirming that there are no grommets in either of the ears; at least that rules these out as being Steiff bears.
Generally speaking, unattributed bears do not bring very much money. The following recent auction sales have been used to research the fair market value of your bears.
https://www.invaluable.com/auction-lot/2-jointed-mohair-teddy-bears-eeb4ffca79
https://www.invaluable.com/auction-lot/early-american-possibly-ideal-vintage-teddy-5b94065be4
https://www.invaluable.com/auction-lot/pair-inc-hermann-vintage-blonde-mohair-teddy-f8b4516b94

Based on the photographs and information provided, and subject to examination, you have:

A pair of vintage golden mohair teddy bears
American or European, 20th Century
with jointed arms and legs
$100-150 (represents a fair-market value for auction purposes; retail or asking prices may vary.)

Please let us know if you have additional items to appraise, and thank you for using Mearto.