Hi Donald,
If you look at GHT’s book you will notice that he does does not use the two dimples on the die at all in his lathe die holder arrangement.
He has arranged for four screws, at 90 degrees to each other, only one of which is pointed. The other three screws are used to centralise the die in the holder. I can confirm from personal experience that the hole is frequently NOT in the middle of the die, and if you force it to be you will forever cut undersized threads and wonder why.
Die manufacturers do not need to think about whether the thread cutting hole is in the middle or not because their use is intended to be in a normal die stock, where the die rotates about its own axis. We want to extend their use to the lathe and have to take our special use for them into account.
So you are left with a couple of ways around the problem, one way is to have four jacking screw (or three if they are at 120 degrees to each other) or make your self a floating holder which would allow the die to centralize itself whilst still being held in line. (I would dismiss the three screws as being more difficult to centralize, with four you can loosen one and tighten the opposite, not so easy with three.)
I am surprised that this topic has not come up more often, can it be only GHT and myself who have the problem?
chriStephens
PS looking forward to being shot down in flames, I have got my Nomex romper suit on under my jeans and spoiling for an argument.