I notice you said you would clamp your "anvil" in your wood vise. I'm guessing your choice of a wood vice is to lessen the chance of tool breakage?
It depends on the "anvil"
If I am using a genuine anvil that is made to go in an arbor press, I actually use a threaded anvil holder to hold the tool, and clamp the threaded anvil holder in the vise.
In any case, the wood vice won't mar the "anvil'.
I have clamped a round punch with a flat end facing upward into my metal vice, then my work on top of that, then smacked a cold chisel from above using a conventional hammer to tighten things up. Not too worried about damaging the cold chisel or punch, I have a lot of them - and I wear safety glasses! But I am wondering what the risk might be to the side frame casting. Have you seen those break using this technique?
I've used punches as anvils too. I have yet to damage any.
I have bent small punches using them as punches.
And I have dulled cold chisels.
I have plenty of chisels and punches. I've modified some of the chisels for special uses by grinding.
Haven't broken a side frame casting yet.
All it takes is a sharp rap with the hammer. Excessive force isn't necessary.
And finally, chipped clinchers - from hammering on them? Or did yours break in a press?
Press. To be specific, it was a splaying clincher. I have yet to damage a rolling clincher, or get one in a lot of tools. I have purchased rolling clinchers (and many other press tools) that have been modified by grinding away parts for clearance.
Knockout punches are commonly broken. I purchased tools that included a broken knockout punch and broken a few myself. Always in a press. I see no reason to use a knockout punch (press tool) outside of the press. I would use a regular pin punch.
Let's see, soft faced mallet in right hand, motor truck assembly in left hand, splaying clincher in .... wait, I ran out of hands!
Part of the setup is supporting the truck.
That is another advantage of using my wood vise.
The top edge of the wood vise is flush with the top of my bench.
I have all sorts of metal shapes to come up with something to support the truck.
I purchase them when I see them at reasonable prices.
Some are just pieces of scrap. Others are machinist things whose original purpose escapes me.
Among this stuff are a few different size / shape V blocks. Some manufactured, some home made.
I guess there is also some experience / practice involved. I've been repairing trains for a long time.
When I first got my press, I thought it should be used for everything. It didn't take long to realize there were many operations that were better done without the press.
When I purchased my first Lionel ST-350 press, the seller would not include to tooling. He told me he would continue to use them with a mallet.
Below is a photo of the Hobby Horse Geep Side Frame anvil.
Note: I don't know for certain that it will work with a 600 series truck.
Also, Hobby Horse does modify tools from time to time.