The exchange of gifts was an important aspect of the relations between the Safavid Empire and the Republic of Venice. Drawing on Venetian archival documents, the article aims to explore the nature and significance of Safavid diplomatic gift-giving to Venice in the first third of the seventeenth century. In particular, it examines the place and importance of precious objects in gift exchanges, looking at specific types of gifts given such as carpets, textiles, and weaponry. The article sheds light on the role religion played in the determination of a Shah’s choice of a gift to the Doge. Furthermore, this article examines how the diplomatic gifts from the Safavid rulers were viewed and conceived in Venice. Using a comparative perspective, the article explores the differences between the Safavid gift-giving strategies towards Venice and Ottomans. It reveals that the Safavids and Venetians had a common understanding of what was worthy of giving.