it doesnt have a pic, so it looks blank
click on the squares until you see it
I noticed that before. However, that icon has disappeared from the gift area.
Same thing happned to all the Franchise Packs I had in my inventory. You should still see a tiny tiny graphic in the top corner of the regular graphic square indicating that there should be a graphic there. All the gifts load into the inventory sequentially top-down,left to right. So, the square immediately to the right of the last graphic that loaded correctly will have your Saints Franchise Pack (the description still loads in the right box, even though the graphic doesn't show). I can tell you from experience (multiple times) that it has absolutely no effect on being able to gift it. Missing graphics happen with all the special stuff that doesn't have a page anymore after the Steam Sale it was featured in gets deleted and not on the store anymore.
I check all the squares in the gift are and none are the Saints Row 3 Franchise pack.
I'm thinking a system glitch. I'll give it a few days and then send a message to to support.