It really is the thought that counts. It's so painfully adamant how much love and effort went into the creation of a gift, even when it's purchased, there's still the aspect of "selection" to account for.
There's nothing in this world I despise more than cheapness.
by the way one of the best gifts i ever gave was to a jim morrison fan, i found a hard to get book of his poems, first edition! it cost me about £5. and i wrote a poem for him and put it inside. he loved it.
were you talking of giving or receiving these gifts?
actually if you're giving a gift it is the best to know something about the person so you can pick out something special. and it doesn't have to cost a lot. suppose someone likes alice in wonderland and you found a book with some canny illustrations that you know they don't have already. or they're a beatles fan so you give them a little tea caddy with abbey road on it. or they like marilyn monroe so you make a painting for them. or suppose they always lose their guitar plectrums so you give them some in a little case they can wear on a chain around their neck. etc. etc. x