Vintage hump back bear originally blue?

Vintage teddy bear. Age indeterminate - I bought the bear at auction about 5 years ago. Measures approx 20 inches / 51cms high. Jointed. Slight hump on back. Long limbs, all firmly attached. Stitched nose/snout and mouth. Both eyes are missing. Left paw (now bandaged to keep the remains of the stuffing in place) is virtually non existent. Around the neck, underarms etc are traces of blue, which are now faded.