I bought a piece of brazing rod, from a machine shop. It has a high nickel content. It peens over easier than does soft steel nails. i have used nails in the past, however, and they do a fine job. Just takes a bit more hammering to get them to peen. I use a 1/16" diameter rod or nail.
Cut the head and point off to get a straight rod of equal diameter, put the rod through the ferrule and wood RR., with glue in the hole to help hold the rod. ( You can use a triangle file to file grooves in the shaft of the pin to give a place for the glue to HOLD onto the pin inside the wood Ramrod.)Then, cut the ends off close to the ferrule, and peen the heads over by putting the end of the rod(pin) on to a piece of steel- like the top of your bench vise-- and hammering the other side with a machinist hammer, with a ball "Peen" on the end.
Alternate the ends of the rod you are striking with the hammer until one end upsets enough to fill the countersink hole in the ferrule. File the peens down to your countersink, so that the pins are flush with the outside of the ferrules.
Once I have drilled the holes, and countersink, this takes about 5 minutes to complete if I take my time.