Reforges cost one-third of the item's current value, which can also be affected by its current modifier. The Goblin Tinkerer's reforge option allows the player to randomize the Modifier for a weapon or accessory, which can make the item better or worse than it was originally. He will then respawn as long as a vacant House is available.
He will appear to be bound at first, and like the Mechanic, Wizard, Golfer, Tavernkeep, Angler, and Stylist, talking to him in this state will free him. He can be acquired after a Goblin Army has been defeated, spawning randomly in open areas in the Cavern layer. The Goblin Tinkerer is an NPC that sells several unique items, as well as providing the Reforge function.