Hermann Teddy Original bear made in West Germany late 1980s
gold mohair miniature bendy non jointed bear approx 3 inches or 8cm sitting

Fabric cream label stitched into bottom seam says (woven in red)

HERMANN
Teddy
ORIGINAL

back mentions MADE IN WEST-GERMANY
(which pre dates 1990 unification + red print on label suggests 1988 or later)

Possibly Nostalgic Teddy Bear 16308 4 bendable as seen in my Hermann catalogue 1992-1993