(Source: Lonny.)
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A White Elephant gift exchange is definitely one of the most exciting holiday party themes out there. You not only get to give and receive a gift, but you also get to engage in some friendly competition to score the best prize of all. With a price cap usually around $30, it takes a bit of searching to find a gift that is both playful and chic.

We searched the internet and found 27 options that will make your gift the most fought over present of the bunch. With prices this good, you might also have to buy one for yourself.
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