Picked this mini-chuck up for my drill press and it works just fine for me so far. Jaws close tight and 'true' (very important) leaving no wobble of the bit..
I'm sure there are other higher quality units out there, but this one does just fine for what I want it to..
Shipping was pretty quick if I remember right too.. I give this transaction a 5 out of 5. Mini Keyless Hand Chuck 1/4" Shank for Micro Drill Bits - Chuck Key - Hex - Hex To Drill Chuck Adapter - Chuck'
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