So what I seem to be hearing here is that with a few exceptions, it was just another line of crap that the Watchtower programmed us to say.
I know I got some wrapped gifts when I got baptized. I felt funny about that, because I thought it was what I was supposed to do. It made me feel bad when friends saw my new watch and they didn't get anything for getting baptized.
Every year my parents anniversary was a big deal at our house, because it was the only "holiday" we could celebrate. We kids would plan and scrape to give them gifts. At first, they were rather embarrasssing, because kids don't have much money and aren't very experienced. My first wrapped gift to my mom was a plastic cheese grater and bowl. Dad got a wrapped can of Right Guard. (I was a kid; from the TV ads I thought it was some kind of men's cologne!) It was all I could afford since I didn't get an allowance and I earned it washing Grandpa's dishes and collecting bottles on the side of the road. But from those meagre gifts I learned how to be generous and give better, more thoughtful gifts.
We got some regular toys, of course, at times. But so did other kids. So mostly it was just a line we gave at the door when people asked.
Tammy