Old fashion or good manners?
Yes, back in those days people knew what good manners means and they made sure to respect it. Now it seems the more "liberal" you are, the cool you think it looks. Your story shows how money changes you and some people make sure to make you feel it too, which I hate.
A present should be symbolic or something that gives you joy and should not be about the price of it.
You aren't better or worse when you earn more money, people just live different lives, and friends exist to enjoy living alongside each other and supporting each other. Friends is when you present a crocus, and feel respected, welcomed, and wanted.
This says it all. No more words needed.