Not quite as "better" as you might think chaps, YET!
The indeterminate number of biblical wise men brought with them three incredibly inappropriate gifts for a two year old. A kiddies' chariot and a set of Duplo (Lego) pyramid building bricks might have been better. Of course, they weren't prezzies in the modern sense, they were representations of the Magi's worship of the Messiah-child.
Worship (old English worth-ship) is simply expressing the "worth" of someone. This child, in an almost incomprehensible way God-on-Earth, would be a King to out-king all kings. Gold, then far more precious and unattainably rare than today, expressed the Divine authority of young Yeshua (aka Jesus).
We can only guess at what the gift actually was, but forget finely cast gold bars. The most likely form would be a gold pendant, hand crafted with mystic symbols of Eastern royalty. The design on this modern one looks like a rather stretched peacock.
Then Herod sent the Magi to Bethlehem with these instructions: "Go and make a careful search for the child, and, when you find him, let me know. Then I, too, may go and worship him."