Hi Kimberly,

Thank you for contacting Mearto with your appraisal inquiry.
This is not the rare Steiff P28 steel rod bear; there were other companies that made bears with steel rods, and I am as confident as possible - without examining this in person - that this
Based on the photos and information provided, and subject to examination, this is:

A vintage cinnamon long-haired mohair steel rod teddy bear
attributed to Hermann, Schreyer & Co. (Schuco), probably third quarter 20th Century
with long cinnamon mohair fur, glass eyes, brown leather nose, jointed body, felt paw pads, central seam.
12 inches long
CONDITION: appears to be in very good condition
PROVENANCE: acquired at an estate sale
$125-175*
*represents a fair-market value for auction purposes; retail or asking price may vary.

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