Chief, I'm the type that would wrap that and put it under the tree for my enjoyment when the unsuspecting teenager opened it. Then I'd hand them the real thing.
Reminds me of what I did a few years ago. I got Pam concert tickets but they did not arrive in time. Instead I got a huge box and filled it with crumpled up pieces of paper the all said "Not this one," "Try another," and "Maybe the next one." Probably a ream of paper. Finally, I printed the arena seating chart, drew an arrow to where her seats were and wrote a little note what her gift was.
It was a good thing she really wanted those tickets or I may not have survived.