The best-stocked gift shop in Monteverde is the Hummingbird Gallery (tel. 2645-5030). You'll find the gallery just outside the reserve entrance. Hanging from trees around it are several hummingbird feeders that attract more than seven species of these tiny birds. At any given moment, there might be several dozen hummingbirds buzzing and chattering around the building and your head. Inside you will find many beautiful color prints of hummingbirds and other local flora and fauna, as well as a wide range of craft items, T-shirts, and other gifts. The Hummingbird Gallery is open daily from 8:30am to 4:30pm.
Another good option is CASEM (tel. 2645-5190), located on the right side of the main road, just across from Stella's Bakery. This crafts cooperative sells embroidered clothing, T-shirts, posters, and postcards with photos of the local flora and fauna, Boruca weavings, locally grown and roasted coffee, and many other items to remind you of your visit to Monteverde. CASEM is open Monday through Saturday from 8am to 5pm and Sunday from 10am to 4pm (closed Sun May-Oct). There is also a well-stocked gift shop at the entrance to the Monteverde Biological Cloud Forest Reserve. You'll find plenty of T-shirts, postcards, and assorted crafts here, as well as a selection of science and natural-history books.
Over the years, Monteverde has developed a nice little community of artists. Around town you'll see paintings by local artists such as Paul Smith and Meg Wallace, whose works are displayed at the Fonda Vela Hotel and Stella's Bakery, respectively. You might also check out Casa de Arte (tel. 2645-5275), which has a mix of arts and crafts in many media and is just off the main road to the reserve, as well as Flor de Vida (tel. 2645-6328), which has some unique custom-made jewelry and clothing.
Finally, it's also worth stopping by the Monteverde Cheese Factory to pick up some of the best cheese in Costa Rica. (You can even watch it being processed and get homemade ice cream.) The cheese factory (tel. 2645-5150) is right on the main road about midway between Santa Elena and the reserve. They offer 1-hour tours at 9am and 2pm, at a cost of $10 (£5).