The first son brings the watch to his father and with a worried face says, "dad I'm not sure what to do with this watch, it's fragile, and small, and I don't really wear watches. I don't like it."
The father wasn't surprised by his son's reaction because he typically has a poor perspective on things.
Minutes later, the second son, who had a stocking full of manure, comes running to his father with excitement and says, "Dad! I think Santa brought me a pony! Now I just have to go find it!"
It's all about perspective.
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