The book Be Prepared recommends not letting anything irreplaceable or one-of-a-kind become your kid's security blanket-thingie, and goes on to suggest that you keep a couple of spares around so the kid won't have a meltdown when it inevitably gets lost. [The illustration is a cupboard full of Elmo's.]
On Defective Yeti, Matthew learns of another solution for a disappearing security blanket: The Blanket Fairy.
Security Systems [defectiveyeti.com]