I agree, I have good condition, high quality collets (Hardinge, Monarch, Royal) in 2J, 3J, and Sjogren chucks that are quite true and repeat very well. Same for direct 5C in the Hardinge lathe spindles. I also treat them as true. Far better than any of my jaw chucks, even a brand new Buck 3 jaw I snagged at auction. I find the biggest thing with true concentricity really can depend on the surface finish and roundness of the stock being gripped. On the same note, I haven’t had such great luck with new import 5C collets and concentricity.
I really prefer to work with collets when the work fits in them.
If I need things to be really true then it’s old school between centers.