Grem:
Very realistic eyebolts can be made from brass or blackened steel wire. If you use the blackened steel wire it looks just like iron without any further treatment.
You can use a nice little home made jig made as follows:
1. Take a piece of dowel about 1/8" diameter and drill a hole through its diameter near the end of the dowel.
2. Next use a razor saw and make a slot into the end of the dowel at right angles to your hole and cut it deeper than the hole is from the end of the dowel.
3. Next, place a drill bit in the hole you drilled and out the other side of the dowel. The bit will bisect that slot.
4. Feed the wire into the slot and around that bit and bring both ends of the wire out beyond the end of the dowel.
5. Hold the dowel jig in one hand and the ends of the wire in the pliers with your other hand.
6. Rotate the dowel along its length, twisting the wires and keeping them taut with the pliers. Do this until the wire breaks off at the end of the dowel. Take the drill bit out of the hole and a perfectly formed eyebolt will fall out of the slot.
This method is easy and quick. It has taken me longer to write the explanation than it would to make several eyebolts. The size of the drill bit is the diameter of the eye. The depth of the slot in the end of the dowel is the length of the eyebolt's shank.
Russ