What do you think of me taking back a present that I had gifted to a friend?
Do you have any specific reason for wanting to take the gift back?
Yes, it's better to take back than to admit that I've spent too much money on it.
You should not take back something that you already gifted. It makes you look selfish and I know that you are not that type of person.
I would be laying low by not taking it back. It's hurting my feelings to to see her appreciate it so much.
While you're hurt that she isn't appreciative of how much you spent on the gift, you still shouldn't take it back. When you give someone a gift it isn't so that they will be grateful, but because you wanted to show someone that you care. Taking it back would do the opposite.