O. Henry's The Gift of the Magi is a classic Christmas story that is often retold in television and movies. Della and Jim are a young, married couple who have little money to afford gifts but are determined to give each other special presents on Christmas day. Della has long, beautiful hair that she loves, but she opts to sell it to afford a gift for Jim. She buys him a chain for his pocket watch, an item he loves as she loves her hair.
Della gives Jim the chain, and he's forced to admit that he, too, sold his most valued possession—his watch—to afford a gift for her. He produces hair combs he bought for Della, which she can no longer use because she sold her hair. Both Della and Jim love one another more than they value their treasured items.