Jim and Della are a husband and wife living in a rented room in New York. They are quite poor and recently Jim has had his salary cut back to only $20 a week from the $30 a week he used to make. After rent and groceries, the couple hardly have any money left.
Christmas is only a day away and, for a Christmas present, Della wants to buy Jim a gold watch chain for his gold watch. They do not have much to be proud or happy about, but Jim is very proud of that watch. And Della? Della is most proud of her beautiful long hair. But she really wants to buy that gold chain for Jim's watch. Too bad she only has $1.87. So, she decides to sell her hair to a woman who makes wigs and other hair articles. The woman pays Della $20 for her hair. The chain costs $21, so she now has enough money. She buys the chain to give to Jim. She goes home and prepares Jim's dinner and waits for him to come home, a little bit worried that
Jim will be shocked when he sees her with all her beautiful hair cut off.
When Jim comes home, he does look shocked when he sees Della with short hair. He stares at her in a strange way and it scares her. She explains to Jim how she sold her hair to buy him a nice Christmas present. Jim tells her not to worry and that nothing can change his love for her. The reason he is shocked to see her without her long hair is that he also wanted to get a nice Christmas present for Della.
He gives her the present wrapped in paper and Della unwraps it to see that Jim had bought her a set of beautiful combs for her hair. She had seen them in a shop before, but they were so expensive. How was Jim able to afford them? Suddenly, she remembers Jim's present. She gives him the gold chain. The chain is beautiful, but when Della asks Jim to put it on his watch, Jim surprises her. He sold the watch to buy her those nice combs.
Were they both foolish to sell their favorite possessions? O.Henry tells us that, no, they were wise. They were wise because they had each sacrificed their most valuable possessions for the person they loved. They were like the three wise men — the Magi — who brought presents for Jesus Christ after he was born. Keep in mind, that this is why Christians still give presents on Christmas Day: to remember the gifts the Magi brought Christ on that very first Christmas.
The GIFT OF THE MAGI remains the best lesson and most special gift I have ever received. Too bad I did not receive that gift in my spirit 21 years ago.