This is the 1999 Coca-Cola beanbag plush octopus "Oppy Greece" #0258.
The octopus is peach in color. In the cook of one of its legs is a bottle of Coca-Cola, and on another is the flag of Greece.
This plush toy measures about 6.75" tall, 5" long, and 7" from front to back.
It is in pre-owned condition with the hang tag.