Cast. In 1975, Hogan had been purchased by AMF, a big sporting goods conglomerate. Hogan still ran the place, but they insisted on high handicap clubs as well as forged blades like the apex. The producer was designed for higher handicaps, although now it would likely be considered a tour cavity, as it had a thin top line and slight cavity. In order to make clubs forgiving, Hogan used to add bounce and offset. The quality was good on the producer, you will see the shaft is pinned to the hosel, which in those days Hogan insisted on due to the questionable epoxies used. In my first golf job in the late 70's in high school, reattaching heads was common. Not in Hogan clubs since they were pinned. I bet those irons are worth at least twenty to thirty dollars for the set. They made and sold quite a few.