Yep, originally I think it was there to set the headspacing on the old straight walled big bore cartridges. Nowadays on bottleneck cases it's a hangover that creates more problems than benefits, as most still set the cases up to headspace off the shoulder. I never thought about setting up the ER collets to squeeze the bulge down, nifty. Probably never have to do it now haha. I've only ever used the collets to nick old crimped in berdan primers out...
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