This is a simple and convincing effect that is nicely made and easy to learn with no sleights. It was built by Mark Lee of Merlins Magic and is part of Merlins growing Premier Range (which is worth checking out if you like reasonably priced and interesting close-up wooden items).
It is not a new idea and Will Wessel created a much more elaborate version with an extended routine with his China Ring Miracle about forty years ago, and I’m pretty sure Willi was not the first to use the method. It is most likely inspired by Brema’s Coin Thru Match c. 1935.
However, it would not shock me if the same effect was released by Thayer or described in Hoffmann’s Modern Magic. Whoever invented the original method, it is a clever and effective idea and this version works perfectly.
Click here for more information.