Gifts for adviser, readers etc. after defence?

[cromwell's head]

So I'm (finally!) going to defend my master's thesis this coming Tuesday. Appropriately excited & nervous, but I was wondering people's thoughts on gifts for readers/my adviser. I'm not sure what the done thing is, and I don't want to risk coming off as shmoozy or as ungrateful. What do you all recommend?

[Riotbeard]

I did not do this when I defended my MA thesis, and I have never heard of it being done. If you are leaving with a terminal MA, it might be nice to give your advisor a small gift or something on graduation but not for your defense IMO.

[Eigen]

For a PhD, our group tradition is that the recent graduate (who now hopefully has a job) takes the rest of the group out drinking.

Some of my friends have given advisors/committees a nice bottle of some flavor of alcohol- scotch, vodka, etc. depending on the individuals preferences.