Ms. Jacobs
English 30
November 16, 2006
“The way your dad looked at it, this watch, was your birthright, he’d be damned
if any gooks gonna put their greasy yellow hands on his boy’s birthright, so he hid it, in
one place he knew he could hide something: his ass. Five long years he wore this watch,
up his ass, then, he died of dysentery, he gimme the watch, I hid this uncomfortable hunk
of metal up my ass two years. Then, after seven years, I was sent home to my family, and
now, Little man, I give the watch to you. (Pulp Fiction)”
silver locket that gathers dust in the jewelry case, the tattered teddy bear a child clutches
with vise-like determination, or even the centuries old wrist-watch that your father hid up
his ass in a Vietnam POW camp, everyone owns a few items whose personal worth far
exceed any price they’d be sold at. For the character Butch(played by Bruce Willis) in
the movie Pulp Fiction, and many others, these items are referred to as priceless, not so
there are certain items, like the Mona Lisa, who fit such a category) ,but because their
value exists outside the realm of price, instead derived from their emotional significance.
For Butch the watch’s family history gives it importance, but it doesn’t always have to be
to such an extreme. Even if an object isn’t considered priceless, it will always hold a
degree of emotional attachment which affects how a person values the item. Sometimes
this effect is positive, sometimes it’s negative, and sometimes it’s insignificantly small,
but the effect is there none the less. What is noteworthy about the intangible sentimental
value placed on objects though, is that in a dual role, these objects will also always exist
2
in a tangible world with a precisely quantifiable value. Although to Butch his watch is
priceless, a typical pawn shop would only offer him about fifty bucks for it. Although to
also sold at $4.99 at the Wal-Mart down the street. Even for rare or random items,
markets like Ebay exist which attempt to define their worth. Our world has an increasing
obsession with determining worth. So why is it that, even though we live in this world
idea, still manages to have such an over-riding importance? To what degree and to what
There’s no better study of sentimental value than the act of Gift-Giving. This is
because gift-giving is one of the few activities that can gauge the effect of emotional
attachment. Gift giving has always been extremely cherished, because it is forced to exist
in both the tangible and intangible. Not only must we, as gift-givers, attempt to
understand how much sentimental value the recipient will place upon the gift, we must
also take into account the material cost it will be to us. And often, since we live in an
imperfect world with imperfect information, we fail in choosing a good gift which the
recipient values as much as the price tag warrants. In fact, we fail quite often, often
Thomas Woldfogel finds that “gift giving destroys between 10 percent and a third of the
value of gifts”(Woldfogel, 1). In other words, our community is so bad at getting gifts
that our recipients enjoy them almost one third less than the price would imply. So then
why is gift giving, throughout history, been such an integral part of our culture? For
example, why would some of our most important holidays, like Birthdays, Valentines
3
Day, and Christmas, integrate the act of gift-gift when it is such a wasteful activity?
Clearly, it is because a role other than tangible value plays a factor in determining it’s
significance. It is because society understands how much difficulty and effort is required
to satisfy gift-giving’s inherent complexity. Society realizes that, it’s the thought, the
sentimental value, that counts. And concerning it’s role in holidays, gift-giving reflects
the importance of what the holidays signify. Just as a young Butch might not have liked
or valued the watch at first, he still cherished the gift because it represented a rich, and
tries to achieve this: The Gift-Certificate. The gift-certificate is, in essence, a cash
which results in the “Deadweight Loss” that exists between the amount people pay for a
gift and the amount to which people value them (Waldfogel). By letting the recipient
pick out the gift, it achieves this, but only to a degree. That is because the gift-certificate
can only be applied toward situations where emotional attachment isn’t warranted, when
the gift exists only as a formality of the social contract we abide by. Bosses give gift-
certificates to employees they know only by last name, Mailmen get gift-certificates from
home-owners when December rolls around. But when used in more substantial
relationships, as was the case in the Seinfeld Episode “The Deal”, it fails to achieve the
effect that a gift should. In this episode, Jerry and Elaine are engaged in a relationship on
the sexual and emotional level, although they are trying to keep the two separate by
making a deal about certain rules they have to adhere to. However, when Elaine’s
4
birthday rolls around, Jerry attempts to give Elaine $182 in cash so as not to break any of
the rules. Elaine of course hates the gift, instead preferring Kramer’s gift of a homemade
bench, since the bench reflects effort and deliberation on Kramer’s behalf. Although
Jerry’s gift ensured it would be of equal value to what Elaine hoped for, it couldn’t make-
Pulp Fiction understands this concept perfectly. Before Captain Koons gives
Butch his father’s watch, he makes sure Butch understands it’s history. He goes into
great detail explaining that the watch was “first purchased by your great grand-father,
during the first World War”, then worn by his grandfather until he was “killed, along
with all the other marines, at the battle of Wake Island”, and even the name of the
stranger, “Mr. Winake”, who returned it to his father, who wore it while in captivity in
Vietnam, and passed it along to Captain Koons when he died. Although it may come off
as superfluous, the emotionally deep history that the watch carries with it is what makes
Butch hold onto it, even though that emotion can’t be fully explained. There is no gift-
certificate that could equal the hardship of having a watch hidden up your ass for seven
years, and there is no price that can be put on the sentimental value of some things. Pulp
Fiction takes this idea one step further too, because the symbol of the watch first appears
when the, now adult, Butch decides to maintain his pride by refusing to throw a boxing
match, even though he’s given money to do so. The movie understands that there is a
When I turned thirteen I, like just about every other Jewish kid I knew, had a Bar-
Mitzah. And in the goings of a self-absorbed suburban Jewish family, my parents had an
5
over-the-top party to celebrate. They invited family, friends, family of friends, friends of
family, until the guest list felt as though it bulged at the paper’s edge. Of course, not
everyone who was invited could, or wanted, to attend, and they made their intentions
clear by checking a little box that stated “Sorry, I will not be able to attend” on an index
sized card that they RSVP’d with. Some sent accompanying checks, others
congratulatory letters, and then there was one person, a 2nd-cousin whom I’d never met
before, that sent me a sterling silver Star of David and accompanying note explaining it’s
significance. It struck me as rare that someone who had nothing to do with me, other
than a few specks of blood, would take the time and effort to pick out a gift that meant
experience, I can’t remember a word of my Torah portion, or who gave me the most
expensive present, or who wrote the nicest card, but the one image I do remember vividly
is the Star of David from my 2nd-cousin, who I’ll most likely never hear from again.
Whether it’s Pulp Fiction, Seinfeld, or my own little microcosmic life, sentimental-value
WORKS CITED
Pulp Fiction. Dir. Quentin Tarantino Perf. Samuel L. Jackson, John Travolta, and Bruce
Willis. 1994.
Waldfogel, Joel. "The Deadweight Loss of Christmas." The American Economic Review
Dec(1993): 1328.