An original Christmas present (5)

I believe the answer is:

myrrh

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'present' is the definition.
(gift given to the baby Jesus)

I can't explain the rest of the clue.

(Other definitions for myrrh that I've seen before include "The Three Wise Men brought Jesus gifts of gold, frankincense and . . . . ." , "Aromatic gum" , "Scented resin" , "Fragrant resin burned as incense" , "Aromatic resin" .)

I've seen this clue in the Evening Standard.

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