The Gift of the Magi" is a short story by Henry that tells the tale of a

young husband and wife who long to give each other meaningful
Christmas presents. The couple is constrained by their meagre budget,
so each gives up something they treasure in order to afford a gift for
the other. Henry was said to have written the whole story in a few
hours, after realizing that he missed a deadline. Some critics believe
that the story was inspired by his late wife, Athol, who sold one of her
handkerchiefs in order to purchase a Christmas present for him when
they were young.

"The Gift of the Magi" is an example of social realism. The young

couple at the center of the story does not have much money, in fact
they are barely able to pay their bills. The realistic portrayal of regular
people struggling to make ends meet was a common theme of
Victorian Era literature. Like other works of the Victorian Era, "The
Gift of the Magi" ends with a moral, or a lesson for the reader.

The story of the gift of the Magi is one of the touching and expressive
stories about the struggle of a married couple for living conditions and
covering expenses, and at the same time they think of gifting each
other, which expresses the intense love between them, and this story
expresses reality greatly.