Maxello Magic

Three cards are displayed, (say an Ace between two Black 5's). First the Ace turns face down. Next a 5 is sandwiched face up between the two other cards and changes into the Ace. One card is tabled, as the magician says he is cheating and using an extra card. When asked for the color of the 5's the spectator replies, red. But the 5's are now black with a face down card between them. This is turned face up and it's a red 5! The tabled card is turned face up and it's a red 5. The four cards are shown front and back and the Ace has vanished. The Ace is reproduced from the magician's pocket! (No palming).