Sounds like a good plan to me. You don't say how wide the pins are. If they're 3/32" or less, that's going to be some delicate work. A larger pin shouldn't be too difficult to do. If the pins ARE small, and you intend to put them on another knife, then you have some room for slop; you can go to another, larger size like 1/8" with no problem. Stag is pretty soft stuff, so you need to be careful, as I'm sure you realize.