The dark-brown emblem M.C. Beanie has a chocolate-brown nose surrounding the Mastercard logo. The shade can look black in a dim photograph, which makes this version easy to overlook beside the regular black emblem-nose bear.
Collector research reports twelve examples, distributed during the original M.C. Beanie promotion. Older certificates may call one “brown nose” or a brown-nose oddity rather than distinguishing it from the lighter honey-brown version.
The logo should still be present. A plain brown nose belongs to a different variant. Use well-lit close-ups to compare the plastic around the emblem, and keep the original authentication documents with the bear.