Norman is over at the Corbett household one evening, and is feeling especially grateful for not only the hospitality but the dear friendship of Tom, Eddie and Mrs. Livingston. To show his appreciation, Norman gives Tom an irreplaceable medallion he always wears on a chain around his neck. Tom is overwhelmed by Norman's act of kindness, that of a gift Norman obviously treasures. That weekend, Joey Kelly stays with the Corbetts as her father, Joe, needs to be out of town. Eddie's not too happy as it postpones a camping trip he and Tom were going to take, and more importantly, Eddie and Joey are currently on the outs as friends. Despite that, Eddie is a very gracious host to Joey. Because Tom is proud of the way his son is acting, he gives to Eddie Norman's medallion. Eddie is so excited by the meaning of the gift. The next morning, Eddie inadvertently insults an act of graciousness from Joey, which makes her cry. Eddie apologizes, and as a gift to show how sorry he really is, he gives her Norman's medallion. Like Eddie was, Joey is excited by the meaning of the gift. Joey in turn gives the medallion to her father as a 'just because I love and missed you' present. Later, Joe comes back by the Corbetts to talk to Mrs. Livingston. He wants to show his appreciation for the motherly influence she had on Joey during her stay, and gives her a gift of Norman's medallion. And finally, Mrs. Livingston gives the medallion back to Norman as a gift. She will treasure the meaning of Joe's gift to her, but she wants Norman to have it back both because she misses seeing him wear it, but more importantly he was the one who started the gift of giving. Norman is touched - it's the best present he's ever received in more ways than one. In Tom's estimation, this gift giving was the perfect circle.
—Huggo