What is the significance of the three different gifts (gold, frankincense and myrrh) given to Jesus by the Magi after his birth?

Traditionally, these gifts are seen representing a variety of things:

Gold

This is an expensive metal. This signifies his kinghood. It's a gift fit for a king and the wise men use it as a gift to signify that they consider Jesus a king.

Frankincense

Incense, to signify his priesthood. The wise men gave Jesus this gift in order to signify that they believed him to be the high priest.

Myrrh

This is another spice used as a burial spice. While Frankincense shows he was a priest and gold shows he was a king, Myrrh prophesies his death.

While the gifts themselves have, throughout time, taken on meaning of their own, the wise men were not giving these gifts to signify any particular meaning other than they had at the time that they were given.

Matthew 2:2 (NASB)
“Where is He who has been born King of the Jews? For we saw His star in the east and have come to worship Him.”

Gold

Gold is a gift for a king--the metal of kings. They chose this gift because they came to worship a king. And gold was the appropriate metal made for a king.

Frankincense

Since the Jews were a religious people, they brought incense to signify his priestly role as King of the Jews. They knew that he would be a priest, since any king ruling over Jews would have to be a priest.

Myrrh

This was a burial spice, yes, but it was also a perfume--a rich, expensive perfume. The wise men brought this gift not to prophesy his death (he was, after all, just a baby at the time), but as an expensive perfume. This gift wasn't considered a gift of death at the time, but a gift of fragrances of the wealth.

Summary

These gifts may have, over time, acquired new meaning. However, they were not given specifically for any particular meaning. They were gifts--expensive, rich gifts--meant for a king. Had they brought other gifts, these other gifts would have gain other meanings over time and we shouldn't read into things too much.

And going into the house they saw the child with Mary his mother, and they fell down and worshiped him. Then, opening their treasures, they offered him gifts, gold and frankincense and myrrh. (Matthew 2:11, ESV)

Mylan metaphysical interpretation

They first fell (DOWN) when ever we find our savior in the manger the manger being within us our lives are changed as the king of the kingdom is now revealed within.

It was after this falling down to the King of Kings that the gifts were given but given from within as

• the revealing of our divinity represented as Gold,
• frankincense our being anointed with prayer praise and worship and
• myrrh represents our own death and resurrection into a new life as represented by the wise men going home another way.

2 Corinthians 5:17 (Amplified Bible - AMP)
Therefore if anyone is in Christ [that is, grafted in, joined to Him by faith in Him as Savior], he is a new creature [reborn and renewed by the Holy Spirit]; the old things [the previous moral and spiritual condition] have passed away. Behold, new things have come [because spiritual awakening brings a new life].

The inhabitants [of a certain Persian town] declare that in days gone by three kings of this country went to worship a new-born prophet and took with them three offerings – gold, frankincense, and myrrh – so as to discover whether this prophet was a god, or an earthly king or a healer. For they said: "If he takes gold, he is an earthly king; if frankincense, a god; if myrrh, a healer." ... The child took all three offerings...

The Travels of Marco Polo, translated and with an introduction by Ronald Latham, Penguin Books Ltd., Harmondsworth, England, UK, 1976. page 59.

This shows that He was all three: king, god, and healer.

The gifts represent Jesus ministry, death, and resurrection

Frankincense

Frankincense comes from a tree of unusual hardiness--to the point where they have a reputation of growing out of solid rock. The hardiness of the tree signifies the times of the life of Jesus--that they will be difficult, tumultuous times and that Jesus will grow roots and flourish. Furthermore, the spice from the tree is used for incense, signifying his priestly role on earth.

Myrrh

Myrrh was a perfume and a burial spice used in ancient Egypt. This represented his death that he would have to endure.

Gold

It is the metal of kings. This signifies his kingdom that is established after his death. Furthermore, gold is a metal that does not rust or fade, signifying that his kingdom would be eternal.

The fact that this is the only gift of the three that is a metal signifies that the other two were temporary in nature (his life and his death) while the gold (his kingdom) was eternal in nature. Gold is eternal in nature compared to the two spices that were gathered from trees and burned or consumed.

Here is an answer based on the theology of Emanuel Swedenborg (1688-1772) and the denominations that follow his theology.

The three gifts of gold, frankincense, and myrrh were valuable items monetarily, and were thus fine and expensive gifts.

But more than that, they had a ritual significance in the ancient world. Gold has always been an enduring symbol of incorruptible love, while frankincense and myrrh were ingredients in sacred incenses and anointing oils.

The wise men themselves undoubtedly considered gold, frankincense, and myrrh to be spiritually significant gifts for "the one who has been born king of the Jews" (Matthew 2:1-2).

Here is the spiritual symbolism of these three gifts based on their roles in the Bible and on Swedenborg's explanation of them as found in the Bible:

Gold

In all ages, gold has served as an article and store of enduring value. Unlike silver, its lesser cousin, it is highly resistant to oxidation and corruption. It is soft and malleable, warm and beautiful, and holds its value over long periods of time even as other goods and commodities rise and fall.

As such, gold has become a universal symbol of love.

For example, gold is commonly used to make wedding rings, serving as a symbol of the love between the two partners.

In a religious context, gold especially symbolizes spiritual and heavenly love—and, of course, divine love.

That is why the most sacred articles of the Tabernacle were to be made of gold, overlaid with gold, or interwoven with gold (Exodus 25:10-40; 28:6-30; 30:1-10), and also why the streets of the Holy City, New Jerusalem, are made of "gold as pure as glass" (Revelation 21:18, 21).

When the wise men gave the infant Jesus a gift of gold, it symbolized the gift of spiritual love that we are to offer to Jesus Christ.

Frankincense

Frankincense is an aromatic oil that has been used in incense, sacred oils, and perfumes for thousands of years.

Frankincense was one of the ingredients of the sacred incense described in Exodus 30:34-38, to be placed in front of the ark of the covenant within the Tent of Meeting in the Tabernacle.

Frankincense was also to be offered with grain offerings as commanded in Leviticus 2.

Incense produces an aroma, and an aromatic smoke when burned, that rises up into the air. It is thus seen as a symbol of prayers and offerings that are pleasing to God.

In the original languages of the Bible, air, or breath, is the same word as spirit. Sacred incense that perfumes the air is therefore associated with the spirit of truth (see John 15:26 and John 20:22) from God.

Spiritual truth is truth that comes from God. For Christians, spiritual truth is especially the teachings of Jesus Christ as given in the Gospels.

When the wise men gave the infant Jesus a gift of frankincense, it symbolized the gift of our devotion to spiritual truth and to the teachings of Jesus Christ.

Myrrh

Myrrh is an aromatic resin that has also been used for thousands of years in incense, sacred oils, and perfumes, as well as in medicines.

Myrrh was one of the ingredients in the sacred anointing oil described in Exodus 30:22-33. This sacred oil was to be used in anointing the Tent of Meeting and the sacred articles in it, as well as to anoint Aaron and his sons for service to the Lord as priests.

This use of myrrh points out its symbolism of consecration to active service to the Lord.

When the wise men gave the infant Jesus a gift of myrrh, it symbolized the gift of our willingness to serve Jesus Christ actively in our lives by living according to the truth that Jesus teaches.

This especially means loving God above all and loving and serving our fellow human beings, as Jesus taught (see, for example, Matthew 22:34-40 and Matthew 25:31-46).

Gold, frankincense, and myrrh = our whole being

Putting this all together, the gifts of gold, frankincense, and myrrh that the wise men offered to Jesus symbolize giving our entire self to Jesus Christ:

1. The gift of gold = offering the love in our hearts to Jesus.
2. The gift of frankincense = offering the truth in our minds to Jesus.
3. The gift of myrrh = offering the service of our hands to Jesus.

Whether or not the wise men themselves understood the full spiritual significance of their gifts, for Christians today they symbolize offering our entire being, heart, head, and hands, to Jesus Christ.

We do this by loving God and the neighbor, believing in the truth that the Lord teaches us in the Bible, and living from that love, and by that truth, in our everyday lives.