X0202 4 2005-04-04 0001074530 BOYDS COLLECTION LTD FOB 0001081709 LOWENTHAL GARY M 395 BUFORD AVENUE, SUITE A GETTYSBURG PA 17325 1 0 1 0 Common Stock 2005-04-04 4 S 0 100 2.44 D 4332966 I See Note Common Stock 2005-04-04 4 S 0 200 2.41 D 4332766 I See Note Common Stock 2005-04-04 4 S 0 200 2.36 D 4332566 I See Note Common Stock 2005-04-04 4 S 0 200 2.32 D 4332366 I See Note Common Stock 2005-04-04 4 S 0 100 2.31 D 4332266 I See Note Common Stock 2005-04-04 4 S 0 40200 2.30 D 4292066 I See Note Common Stock 5609342 D The reporting person's wife is the sole manager of The GJL LLC, which owns 4,292,066 shares of the issuer's common stock. In addition, the reporting person owns 4.9% of the membership interests in The GJL LLC. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Gary M Lowenthal 2005-04-06