Presents O. Henry's tale about a young husband and wife who each gives up their most treasured possessions in order to buy the other a Christmas gift, which ends in an ironic twist that makes their sacrifices poignant. Interest Level: 5-8 Reading Level: 5.9 ATOS Book Level: 6.2 AR Interest Level: UG AR Points: .5 AR Quiz: 7913EN Fountas & Pinnell: X.