I already have a tapered peg hole reamer, optimistically purchased with a stewmac gift certificate like 10 years ago, but I forgot that I don't have a peg shaper (probably because the last time I looked, there weren't any cheap ones to be found.)
Currently contemplating buying a cheap one versus making one of these dead-simple clever ones: https://www.youtube.com/watch?v=Kt75XRPvimU
A search for 'home made peg shaver' turns up any number of types of guy who are like, "Storebought ones cost like $25!!!1! way too expensive!!1! Do what I did, and use the thousands of dollars' worth of high-end precision power tools in your workshop to make one for free!"
@mayor great big pencil sharpener, basically. I hope you have peg dope, too!
I had a banjo with Pegheds geared tapered pens. They were really good
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