Hi,

One of the best peg making dies that I have seen employed by traditional carpenters was an industrial 150lb weld neck flange where the weld neck bevel (where it is usually welded to a pipe) was brought to a sharp edge by turning in a lathe. The peg was then driven through the flange so that the sharpened edge of weld neck cleaned off any oversize bits.

Regards

Ken Hume