The Gift of the Magi
It's about a young married couple, Jim and Della, who are deeply in love but don't have much money. It's Christmas Eve, and they both want to give each other special gifts to show their love. Della sells her long hair to buy Jim a nice chain for his pocket watch, and Jim sells his watch to buy Della a set of combs for her hair. When they exchange gifts on Christmas morning, they realize their sacrifices have made the gifts useless. Della can't use the combs without her hair, and Jim can't use the chain without his watch. Despite this, they both understand that their love and the sacrifices they made are the most important things. The story reminds us that true love and giving from the heart are more valuable than any material gifts, especially during the holiday season.
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Retreiving from wikipedia...