Thanks for the reply! I had actually kinda settled on a price of 25,000 in my mind, which is right in line with the greater version of a +1 level metamagic rod (24,500 gp). I think I'll take your suggestion and run with it, creating a lesser, normal, and greater version.
Oh, and one of my friends suggested I rename it to Stowaway Rod, which I rather like.
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