The term 'thing of small value' can be summarized by two crossword solutions: TRINKET (7 letters) and STRAW (5 letters). A TRINKET is a small, inexpensive item that is often decorative or sentimental in nature. It is usually made of metal, plastic, or glass and can be found in souvenir shops or given as gifts. A STRAW is a thin, hollow tube made of plastic, paper, or other material that is used to suck up liquids. Straws are commonly used for drinking beverages and are often considered to be of little value.