GOMOPAR,
I hope, when you finish the overhaul, that it doesn't look so good that you are afraid to use it. :thumbsup:
One comment I'll make, though, has nothing to do with the work you have been doing. Although they could if both sets were fitted to the chuck, chucks don't normally come with spare jaws. If you have two sets of jaws that look alike, one set likely came with your chuck and at least when new was accurate WRT centering. The other set, although if made for the same model chuck will fit fine, can be expected to have much more runout even if they have no wear. At the factory (at least a decent factory) the jaws that ship with a 3-jaw chuck are fitted to the chuck by grinding (same process you can use to restore accuracy to worn jaws).
If the two sets of jaws don't look alike, then probably one is the "normal" set, good for parts OD or ID up to about two-thirds the chuck diameter. The other is for larger parts with diameters up to about the chuck diameter. Or to put it another way, good 3-jaw chucks with one piece jaws come with two sets of jaws, one for smaller and one for larger diameter work pieces. They are often erroneously called OD and ID jaws.
Independant jaw chucks, like most 4-jaw ones, only come with one set of jaws which can be turned around so as to handle the same diameter range.
Robert D.
***I also cleaned up the spare set jaws for the 3-Jaw chuck***