ebusinessplace via Amazon offers Prime members the Griffin IntelliCase Folio for 3rd-Generation iPad in Midnight, model no. GB03820, for $8.99 with free shipping. (Non-members can spend $25 or more to qualify for free shipping; otherwise, shipping costs $8.31.) That's the lowest total price we could find by $22. Sales tax is added where applicable. It features multiple viewing angles and sleep/wake functionality.

Order by December 21 for guaranteed delivery by Christmas with free 2-day shipping via Prime. (The deadline is December 18 via free Super Saver Shipping.)