Understand blacksmith forged work is all done utilizing traditional blacksmith methods. In many cases, forged work is combined with other metal fabrication methods which may include electric arc welding or electric drills. Back in the "old days", blacksmiths did not have electric welders to use and did all their forge welding in the coal forge. In these more modern times, we may use a combination of hand forge work, welding, drilling, etc. using a combination of techniques.
Understand traditional blacksmith work is mostly hands on and labor intensive. Prices are based more upon the amount of labor involved and the materials cost.