FWIW, my cheapo collet chuck from shars runs within +/- 0.0002 or better. I like chucks with a separate backplate because they can be tapped into perfect positioning....
George, what I meant by all other areas not really being important was the outsides and nose of the chuck. The critical part is the how true it is measuring off the 5C taper area. If that wobbles, it needs work. If the outside of the body is off a little, it doesn't matter much. As long as the back is flat and the taper is true it should be OK with the exception that if the whole thing is off center, there could be vibration problems at high speed.
Ray
George, what I meant by all other areas not really being important was the outsides and nose of the chuck. The critical part is the how true it is measuring off the 5C taper area. If that wobbles, it needs work. If the outside of the body is off a little, it doesn't matter much. As long as the back is flat and the taper is true it should be OK with the exception that if the whole thing is off center, there could be vibration problems at high speed.
Ray