Here is a split ring collar (wrapped with blue tape) on my Vicmarc VL200, same as on my former VL300. Maybe even their former VL100 mini lathe that I sold a dozen years ago. Anyway, I've always left it fitted on the handwheel to keep it from unscrewing (anchoring the collar rib to the grooves on the spindle and handwheel). The second pic shows how it would work inboard with this Vicmarc faceplate. (My Vic VM120 chuck does not work with the collar- no groove.) There are grooves (twin pencil pointers) on the spindle shoulder and on the faceplate shoulder. The 2-piece split collar has corresponding ribs to engage the grooves, and two recessed allen screws for mating the split collar sections (one shown under that oval indent in the blue tape covering those holes- those holes will ding up a fingertip when using the handwheel as a hand brake, hence the tape. I found out the hard way...). At the second photo, when that split collar would capture both the faceplate and the spindle, at least on these lathes, it is rock solid secure, much more so than a simple grub screw secured down into the groove, which can be very secure itself unless put under extreme and shocking stress, possibly shearing the grub screw and damaging the spindle and maybe the operator. In fairness, I've never heard of that happening to a simple grub screw, but the split collar will offer far greater holding power turning in reverse.
@Odie does your new Vicmarc include this split collar arrangement?
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