I got my daughter for her 1st birthday a yellow gold baby ID Bracelet (her name engraved on it) ... the chain on the bracelet is not thin like most and has an extendable chain so she can wear as an adult

I got it on special for $120 at Thomas Jewellers in Bourke St Mall Melb in May 2007.

I wanted to give her an heirloom ... as i had one as a baby but my Mother lost it

Also i gave her a beautiful porcelain doll ... funny enough my sister & a friend also gave her one for her 1st birthday (though all different) ... that could be another option for you ... something your daughter can always keep