The Gift of the Magi by O. Henry, illustrated by Lisbeth Zwerger (One of my favorite illustrators!)
The Gift of the Magi by O. Henry, illustrated by P.J. Lynch
Christmas Carol & Other Favorites retold by Jim Weiss (We love Jim Weiss story CDs, and this one includes both Dickens’ A Christmas Carol and The Gift of the Magi by O. Henry.)
The Gift of the Magi read by Spoken Verse (all of his recordings are excellent):
The Gift of the Magi by O. Henry (free online text)