For concentric threads, IF you are prepared to live dangerously, assuming that the 3/4 is the male item, you could try making one.
Drill and tap or internally screwcut the 3/4 thread and then screw it onto the 3/4 bolt /shaft.
Turn the OD and screwcut the 7/8 thread, but VERY gently.
You may get lucky and succeed, but with only 0.023" a side, you have little metal to provide strength..
If there is space for an adaptor with the threads end to end, you could make the 3/4 internal thread, and a little way, (at least 0.0625" ) beyond it start to cut the 7/8 external thread.
HTH
Howard