But there’s also not many gifts I would want that only cost $20. Books, but that’s about it. A nice version of any material item seems to cost at least £30 ($40). What kind of gifts did people get?
I agree that a lot of items aren't great at the $20 price point, but a family could pick any limit that makes sense for them. For us, we don't need many material items, so the lower limit seemed reasonable.
Personally, I enjoyed it because it felt like a shift away from the material value and towards thinking about what the person would actually enjoy.