The very first time I participated in a White Elephant exchange, I took it literally and gave a dull political book that someone had given my husband the previous Christmas. He had never opened it, so it essentially was a brand-new book. I noticed that all the gifts that were being opened were ordinary gift items like wallets, flashlights, inexpensive jewelry, etc. When my gift was opened, someone exclaimed, "that really is a white elephant," and the poor recipient was stuck with it. I was embarrassed. I will have to say that I don't like White Elephant exchanges, and I don't participate in them unless I have to. I didn't participate in our office exchange this year because it was voluntary and everyone had to sign up for it.