After they had heard the king, they went on their way, and the star they had seen in the east went ahead of them until it stopped over the place where the child was. When they saw the star, they were overjoyed. On coming to the house, they saw the child with his mother Mary, and they bowed down and worshiped him. Then they opened their treasures and presented him with gifts of gold and of incense and of myrrh. And having been warned in a dream not to go back to Herod, they returned to their country by another route. Matthew 2:9-12

We have no idea how many wise men (or Magi) visited the Christ child. Traditionally we associate three wise men with the three gifts, believing that each wise man brought one gift. But five wise men could have brought one gift of gold, two gifts of frankincense and three myrrh.