What should I do with these gifts?

My best friend said it was stupid to invest so much time and care into a new friendship, with a woman who wasn’t a real friend to me in the first place. She’s right.

But I bought the friend a really nice milestone birthday gift. A pink sapphire ring. I haven’t given it to her and I have a cousin who’d like it, just as much. I also have Christmas gifts…should I find other friends/relatives for them, too? I don’t know if they’d appeal to my other relatives. I also have a clutch hand bag and a pretty ornament. Should I give them to my cousin? It’d save me money. I also think she’d like them.

What should I do with these gifts?
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