I think Euron's intended gift will depend on whether or not they plan on having him succeed.
If he will succeed and bring his gift back to Cersei to forge an alliance, it will probably be Tyrion... alive so she can experience the joy of killing her own brother. This, of course, will backfire on them and Tyrion will end up killing Cersei.
If Euron is to ultimately fail, then his target could be anything but will probably end with him attacking Dragonstone and getting roasted by Dany's dragons.
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