Make a crocheted teddy bear! They are some of the least expensive teddy bears. Of course if you make them yourself. Yarn is relatively cheap compared to other materials when it comes to making teddy bears. And anyone can learn to crochet. The crocheted teddy bear can be even more precious to a child when it is created with love. Teddy bears that are crocheted by hand are always unique and special. They will definitely become heirlooms as their value will only increase over the years. If you want to make your own crocheted teddy bear i found couple of great sites about crocheting them.

    I also found a nice book:

And if anyone wants to learn to crochet or to fresh up their skills i found these book and a great DVD with the most recommendations:

        

How to Crochet a Teddy Bear - http://www.allfreecrafts.com/crochet/teddy-bear.shtml

Bev’s Bear Beanie -  http://www.bevscountrycottage.com/bevs-bear-beanie.htm

Pat´s Crochet Bear - http://www.geocities.com/crochetpat2003/Pattern.html

Little Crocheted Teddy Bear - http://www.mielkesfarm.com/teddy_pat.htm

Teddy Bear Pattern - http://crochet.about.com/library/weekly/aa110897.htm

Crocheted Teddy Bear Outfit - http://www.allfreecrafts.com/crochet/teddy-bear-exercise.shtml

Crochet Baby Bear - http://www.michaels.com/art/online/projectsheet?pid=e07259&categoryid=29

Bear puppet -  http://www.angelfire.com/folk/celtwich/Bearpuppet.html

Cuddlesome Crochet Teddies - http://www.cabbagepatchtreasures.co.uk/knitting112.htm

Crochet teddy bear -  http://www.dmc-usa.com/mjRS/1/doc/US_freedesigns/crochetteddybear.pdf

Farmer Bear -  http://www.crochetville.org/forum/showthread.php?t=82384

Pretty crochet blanket and teddy - http://www.coatsandclark.com/Crafts/Crochet/Projects/BabyChild/LT1573+Crochet+Teddy+Lovey.htm