Americans will spend an estimated $440 billion on gifts this holiday season, according to the National Retail Federation. How much of that are you going to spend?If you are like most holiday shoppers, you want three things when giving a gift: It should be easy to buy, it should be easy to wrap and deliver (preferably on time) and, most important, it should be something the recipient actually likes.Well, there might be a fourth factor: Hopefully you won't have to spend an arm and a leg shopping for everyone on your list.We like the lavish life as much as the next yacht-racing, sports-car-driving, estate-owning, Margaux-drinking, good-life-enjoying person--maybe even more--but we also believe in getting the most bang out of our holiday buck.That's the concept behind our Affordable Luxuries series: high quality, elegant items that bring pleasure, but don't break your bank account."Affordable luxuries make great gifts," says Milton Pedraza, chief executive of the New York-based research firm the Luxury Institute. "They are prestigious, and they allow people to enjoy the luxury lifestyle without spending a huge amount of money."Candace Corlett, a principal at marketing and consulting firm WSL Strategic Retail in New York, agrees. "Affordable luxuries are rich items that you don't necessarily buy for yourself, but that you're thrilled to get as gifts," she says.The logic is simple--if you can afford to splurge, why settle for an unknown brand? Most people would rather unwrap something from Ralph Lauren or Tiffany, even if it wasn't something very expensive. It sends two very important messages simultaneously: one, that you are a person of discerning taste, and two, that you think enough of the other person to buy quality."These are gifts that people will really value," says Corlett.And with rising gas prices and interest rates, few people can afford not to pay attention to how much things actually cost. The "Super-Affluent" among us--according to the U.S. Census Bureau, the top 5% of the population who have annual household incomes of $150,000 or more--may be inclined to buy things without regard to price. But mere "Affluents" (those whose income falls between $100,000 and $149,999 per year) and "Near-Affluents" (who earn between $75,000 and $99,999 per year) tend to be much more particular about how they spend their cash.None of the products featured here will set you back more than $200 bucks--though some may make their recipients feel like a good deal more than that. From a Williams-Sonoma wine cellar to a Caswell-Massey brass four-piece shaving set or an Hermès baby bib and placemat, we've looked hard to locate the gifts that look good, feel good or add a little bit of luster to your life. After all, you don't have to spend like a billionaire in order to live like one.Last minute shoppers can rest easy, too--all of these items for him, for her, for kiddies and the home are available for online purchase and can still be shipped to your doorstep in time for the holidays. You won't even have to stand in line.

