A young married couple , know as Jim , and Della The couple has very little money.
Between them , they have only two possessions that they consider their treasures. On the day before Christmas Eve , Della finds herself running out of time to buy Jim a Christmas present , but she not enough money. So , she cut her hair to sell and bring the money to buy the present for Jim. When Jim comes home from work , he gives Della her present. Della cries when she see the present.Jim has given her the set of fancy combs , only now she has no hair for them. Then , Della gives Jim his present , holding out the watch chain to Jim. He sold his watch to buy Della ‘s combs. They put away their presents and have dinner.