Della and Jim are a happily married couple who want to get each other gifts for Christmas.
Sadly, they are both limited on money and Della is worried she may not find a gift worthy enough for Jim.Della wants to find a way to get money for a chain for Jim's watch.
She decides to cut her hair, her most prized possession, and receives $20 for her lovely locks. After, she gets the chain she is ready to see Jim.
When they met, Jim was frozen with confusion as he sees her hair. Once she received her gift she was stunned at the sight. It was fancy combs for her hair. He sold his watch for them. Once he got his gift he couldn't use his either because he had given up his prized possession as well.
They had both given up their most prized possessions to make each other happy.
They decide to put aside their girts and notice that when they are together is the best gift of all.