Della cuts off her long, beautiful hair and sells it in order to buy a watch chain for her husband's prized pocket watch. Jim, her husband, sells his pocket watch to buy an ornate brush for his wife, Della.

They both make sacrifices for each other out of love and selflessness, showing the true depth of their feelings. Despite no longer having their prized possessions, they are happy knowing that they have each other. Their acts of love and sacrifice make their bond stronger than ever. And in the end, they realize that material possessions can never compare to the love they share. Their relationship grows stronger and more meaningful as they learn to appreciate the true value of each other's presence in their lives.