One dollar and eighty-seven cents.
Now for the question you’re probably asking: How many Oh Henry! candy bars could Jim and Della afford nowadays?
$1.87 = $48.77 in current dollars, and the best online deal you can find on bulk O. Henry bar shipments (as of Dec. 2013) is $29.60 for a 36-pack. Della and Jim can’t afford two of these, so they’ll have to spend the rest on singles. Best deal there is 99 cents per bar.
Assume free shipping. (Currently you can get it only for the bulk pack, but maybe the two of them could turn on the charm and plead with the single-bar vendors.)
Conclusion: Della and Jim could afford 55 Oh Henry! bars, with 36 cents left over.
To help improve the meaning of these lyrics, visit “The Gift of the Magi” by O. Henry and leave a comment on the lyrics box