Hello,
I'm experiencing a problem with runout on a Myford lever action collet chuck which I have borrowed from a friend.
I recently replaced both the ball bearings and the spindle bearing on the headstock of my Myford Super 7 and now only have a mere flicker of runout on my DTI on the spindle. However, after fitting the collet chuck and using several different sizes of silver steel I find that I have a 0.011" runout. I have checked the silver steel in a chuck and have recorded a 0.001" runout. Can anyone suggest a solution to this problem.

Regards
Tom