I always give the upper valve guide more clearance just for this reason. You can do all the work on the lower valve guide, but there is no guarantee that it will put the stem exactly in the center of the top guide. I suspect there was a substantial misalignment to get the top guide to gall. As Greg said, check the lower guide for fit. Check to see that the button on the valve is not to worn. It probably is not too worn, but you can certainly see where it has been working. Get some extra circlips if you do not have a supply.
You can polish the stem. I keep new valves in the shop so I am not tempted to use old ones. I don't know what the free height of the stock springs should be. I have been using Gold Star springs instead.
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The new spring is on the right. The Vincent spring is considerably longer and owners rarely replace them.
Good luck.
David
David,
So which spring should I buy, the one from Coventry or search for the Gold Star spring?
Should I replace intake spring at the same time?
Jerry