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I got nice (but not outrageous) writing pens that came in appropriately distinguished gift boxes for each of my recommenders. I also got one for my main essay proofreader. Fortunately I didn't have to spend a ton considering none of them work in industries where it'd be common to have exorbitantly priced pens displayed on mahogany desks. Kept it under $70/each and they all seemed to genuinely like the gesture. I of course sent nice thank you cards as well.

You could always go with a nice bottle of their favorite liquor but that's pretty obvious and perhaps less memorable once it's been enjoyed.

 

Either expensive golf balls, an expensive leather passport holder or an expensive leather wallet. I adjusted per each person's preferences.

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I got them each a bottle of something, depending on their drinking preferences, when I received my admissions letter. Nothing that expensive, but good stuff - Blue Label, etc. around $100/person.

 

Not b-school recommenders, rather mentors who helped me get my current job, but I got one of them a bottle of Lagavulin 16 y.o, as he liked peated single malts but had never tried Lagavulin before, and I bought two Cohiba Siglo VI cigars for the other, which we smoked together (he was into cigars). Didn't break the bank, and both were very appreciative.

 

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