EBay Alert! Bo Obama Beanie Baby 2.0

More on PawNation: beanie-babies, bo-obama, portuguese-water-dog

Bo the Beanie Baby costs $4.99 and is already a sold-out sensation. Photo courtesy of Ty Inc.

You knew it was coming.

First dog Bo Obama is so darn cute and cuddly, it was only a matter of time before be became a Beanie Baby.

With the introduction of Bo Obama, the Portuguese Water dog doll, there are stirrings of the Beanie Baby craze that swept the country in the 1990s.

Priced at $4.99, "Bo the Beanie Baby," with his soft black hair and white markings -- just like the real Bo! -- sold out within hours of appearing at a few select stores on April 16. Not currently available online through the manufacturer, Ty Inc.'s, website, Bo the Beanie Baby has popped up on eBay, selling for $100. (Which sounds cheap, considering another seller who is auctioning off Bo the Beanie Baby and the original, ill-fated "Marvelous Malia" and "Sweet Sasha" dolls as a trio for $2,399.99.)

"We are very proud of the First Family and wanted to join in celebrating their choice of a family pet. Now everyone can own a little Bo Beanie Baby 2.0 and join in the excitement," company president Ty Warner told Reuters, adding that a portion of the proceeds will be donated to local animal shelters. (The company is based in Westmont, Illinois.)

Confession? We want one!

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