In "The Gift of the Magi," the wife sells her hair in order to afford a gift for her husband. The wife's long, beautiful hair is a source of pride for her, and she values it highly. However, she is willing to sacrifice it in order to show her love and appreciation for her husband. She uses the money she receives from selling her hair to buy a chain for her husband's watch, which he values highly and has always wanted. The wife's selfless act of love and sacrifice is a central theme of the story, and it serves to underscore the depth of her feelings for her husband.