Regarding "the best present" (LOOKS A LOT like an IELTS question! haha)

Describe the best present you have ever received.
-who sent it? What is the gift? What is it for?
-when did you receive it?
-Detailed information about the present
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The best present I'm going to talk about/speak of is a wrist-watch.   <<< the what
My father gave it to me as birthday present when I was 20 years old. <<< the who and the what for
20 years old is/the 20th birthday has special meaning significance in Japan .  <<< sort of the when
We think 20 years old is the age at which people become adult,
so he wanted to celebrate my special moment, and he wanted to teach me
"Time is money"
"Don't think too much, just Enjoy your life"
"Don't waist of waste (same sound, quite different word) your precious time".
The watch is black, and made in Switzerland. (there are many more details you could add - watchband, analogue or digital, what the dial looks like, the size)
I heard that my father took a long time to decide which watch is fit for/suited to/most suitable for me.
Actually it was first time that my father gave me anything something .
I was so touched.
That's why the watch is such a special gift to me.

It's OK, language is too simple, and detail is lacking and too short.  Nowhere near 2 minutes.  perhaps 6, maybe only 5.5 in my opinion.  When was half answered - but it is easy to say some arbitrary year - add detail, that fills in the time.