Hi.
Excellent way to do it with cheap readily available tools.
Ponticat, please post the image tags, or better yet the images to this thread also for easier viewing, people tend to be lazy

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-100 for the hammer method.
Emblymouse, if the ferrules were tight and You didn't chip the wood, consider yourself lucky. A chip like that is really easy to repair, but IMHO unnecessary, really.
Just my 0.02€
Sam