My findings have been similar to others, some Chinese collets are good, some are not, which not much way of telling before you buy. I've taken to purchasing used good quality collets such as Hardinge, Royal, Precision, etc. They run between around $10 each, plus or minus 5 depending on how big the lot is and how lucky a day you are having. The problem with this method is that acquiring the ones you want often entails buying lots with ones you don't want, which necessitates the trouble of putting them back on eBay and selling them. I did buy a cheap set of 5C square collets, but I did not expect I would need high accuracy out of them, and I also built a set true back for my collet chuck when I got it, just in case.