Recycled Christmas Gifts

Met friend at the weekend for our annual Christmas meal together and exchange of present. We always open them there and then. She had given me a nice notebook. . When I got home I opened it and it had her name written in it. She’s a good friend and great company. She isn’t short of cash but I think any gift is a kind thought. I was going to tease her a little when I see her again about it but another friend says she would be offended if someone gave her a recycled gift. What are peoples thoughts?