A man with retrograde amnesia is hit by a bicycle and knocked unconscious during the Christmas season. When he wakes up, he finds a gift that leads him on a journey to discover his true identity and find love. Along the way, he encounters a mystery man, visits a bookstore, and experiences the magic of Christmas.
When a peddler offers to sell Margie Reiger a coat for $100, husband Ben Turpin is so irate he throws the peddler and the coat out the door. Miss Reiger is inconsolable, so Ben buys her a stylish $7 coat, and tucks a $100 bill in a pocket. But it seems that every other woman has bought the coat, so Miss Reiger throws the coat out the window, and the money with it.
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