This is a special edition Barbie doll from the 1997 "Graduation Season" collection (model #16487), a commemorative Barbie released by Mattel in 1997, and considered a classic collectible from the 90s. Theme and Design: Barbie wears a purple graduation gown with a white collar and matching cap, and a gold sash with "CLASS OF 1997" printed on it. She also holds a decorative bouquet. The packaging design also fits the graduation theme: the background features a cap image, and the front includes a congratulatory card in the style of a graduation certificate (where you can write your name). This is a Special Edition, a limited edition released for graduation season that year.