We debated what he should be holding a lot. After raiding our extra miniatures looking for stuffed animals, nothing seemed quite right. A great rabbit toy was too tiny, and a sweet teddy bear that was otherwise perfect just wouldn't hang realistically.
After trying a few more animals, it was pretty clear that we didn't have anything that would work. So I thought I'd try making one out of flocked clay. A few months ago, I found little containers of flocking in the craft store dollar bin. They were being sold in packs of four, so each container only cost $0.25. I bought a bunch, including a tan which worked perfectly for the bear!
However, if you don't happen to have the perfect shade of flocking on hand, you can mix the color yourself. You may already know this, but I had no idea for the longest time. Ladybug clued me in. Just dump a few colors in a plastic container, seal the lid tightly, and shake until it's mixed!
I'm planning to post step by step photos for sculpting and flocking a similar bear, but it will definitely take me a few days.