A great way to get a very classy and playable set of
golf clubs is to "remanufacture" a classic
set of forged blades from the past. If truth be told,
there haven't been many improvements in the forging
process in fifty years. Ease of use has been improved
by some later innovations such as perimeter weighting
and progressive offsets but that's about all you can
do to forged clubs. Ben Hogan didn't play cavity backs
and he did OK.
The cost of remanufacturing a set of Vintage Blades
depends on the cost and condition of the clubs as well
as the final choice in shafts. As a general rule, grinding,
reweighting and rechroming an iron head costs approximately
$30. If you buy a set of irons for $300 you can remanufacture
them with your choice of shafts, "pure custom"
for about what it costs to buy a new set off the rack.
Ballpark: $900, less for more common models.