A common tool in a mold shop (I am told) is a siide hammer pin puller. I don't have one, but I have had to pull a few pins. If the end of the pin has a flat what I have done is drill and tap it, then drill and pilot drill a larger piece of stock to make a pulling sleeve. One hole is large enough to fit over the pin, and the next is clearance size for a machine screw. I hold the sleeve, and screw in a machine screw. This draw the pin right out of the hole. Works similarly to a bearing or wheel puller.
There are a couple problems. First is its slow, and often I can't find the last one I made and its faster to just make another one. Next is that often there is little or no flat on the pin I need to pull. For alignment pins in molds I put a radius on the end so that the molds go together faster and easier for the end users.
I can quite often get a grip on a pin with a pair of vise grips and twist it, but its extremely difficult to twist it out. What I have heard of, read, and been told a couple times is that lot of guys will take a pair of Vise Grip pliers and make a slide hammer out of them, by replacing the adjusting screw with a piece of decently tough rod like
4140 with a knob on the end. Then put a slide weight on the rod. They grip the pin with the pliers and knock it out with the slide hammer portion.I can certainly make the slide hammer as a replacement for the adjustment screw, but I wonder how long the slide bar needs to be to be effective. I imagine if its to short you wont be able to get much striking force without straining yourself, and if its to long it will be awkward to use and to store. If I were to hold a small mold in my hand I can't imagine being comfortable with more than about 16 inches of rod. Maybe 10-12 inches of hammer travel. If I clamp a larger mold to a bench I might be able to go a bit further, but striking up could be awkward if its to long.
Then there is weight. I'm pretty comfortable with a 3lb cross pien hammer. When I need to move something with a hammer that's the one I reach for, but this is a whole different movement. Would 2 pounds be more easy to control? Would 4 lbs deliver more usable force due to limited striking distance?