Nick, I think the shaped collet plates and punches are great if you are producing multiples of shaped collets, but for single pear shaped collet then you are correct, they are an expensive option unless you have cash to spare. When I have needed an odd shaped small bezel, I have a collection of brass rods that I file into shape and do the punching in either a lead block or a block of wood. As for punching I actually use my small arbor press for this process, now if you want to buy a useful tool one of these can be good. My press is a small Warco press;
http://www.warco.co.uk/sheet-metal-f...bor-press.html and I make punch tools to fit this press for many useful shaping jobs.
James
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