I recognise the problem exactly as I recently bought an ER25 version from the autojumble at Newark.
It was apparently new, was fully assembled, and looked in good nick, but ran out by a good 10 thou.
For those who haven't seen one, the chuck comes in 2 parts + a nut, one spindle nose adaptor with a register boss (mine is a black knurled body) and a separate chuck, tapered on one sire to take the collet and bored the other side to fit the spindle nose adaptor.
When I investigated, I found that the previous owner had done the same as I think you appear to have done.
It's quite intentional that the hole on the back of the chuck part is too small for the boss that sticks out of the lathe spindle part, when the kit is originally supplied.
The intention is that you treat it like fitting a normal 3/4 jaw chuck to a backplate.
In this case, fit the black knurled bit to the spindle, and reduce the boss down to the correct size for the precision made chuck to fit it.
Alas, if I read your problem correctly I think you bored the hole to suit the register on the knurled bit, and your chuck has a taper which is no longer concentric with the hole in the back of it.
Mine is both off-centre and also at an angle.
We are now in the same boat and I'm looking for inspiration on the best way of fixing it.
So far I've tried turning a new larger diameter on the register on the knurled bit. I then took a length of ground round bar and clocked it up in a 4 jaw with a tenths clock, until I has a zero runout reading along a decent length of the bar. Next up I picked a suitable collet, fitted it to the chuck and clamped the assembly to the bar, with the rear hole now facing the tailstock, thus I could re-face the flat and re-bore the collet chuck's rear hole, exactly concentric with the ground bar. Everything was scrupulously checked for burrs and cleaned thoroughly.
The finished boring and facing was again checked with a tenths clock and showed perfect.
Now I reversed the whole collet chuck setup and turned the boss on the knurled bit to suit the concentric bore I'd just made.
Bolted everything up and re-clocked it; looking good now, but only initially.
Trouble is that every time I try a different collet or bar, it's a mile out; I can only assume that the cheap Chinese collets just aren't sufficiently accurate/repeatable to to hold the chuck in this reversed manner to try and re-machine it concentrically.
I've also tried making the chuck a looser fit on the register, with slightly bored out mounting holes for the allen screws This has allowed be to gently knock everything into alignment to get a near zero runout by the chuck, but the tailstock end of a bar in a collet still wobbles too much, so clearly I've not been able to get the interface square enough.
Note also that the bottom of the mounting holes in my chuck hadn't been spot faced. They were still conical from the original drilling, hence when I tightened the allen screws, they pulled the chuck off-centre.
Still seeking inspiration, before I remove even more metal. Latest thought is to try soft jaws in a 3 jaw, machined to hold the register just where the main nut thread finishes, and try re-facing from there.
Bill
Edited By peak4 on 19/01/2019 20:19:55
Edited By peak4 on 19/01/2019 20:25:19