the wide flange is revealed if i'm not mistaken and needs to contact the face of the spindle nose, not the collet.
what you saw on the ebay link.. you could add a flange to that but i find it difficult to believe it would be worth your time.. perhaps it is. but you can't just add a washer.. it needs to be fairly well bonded to the collet chuck so that you can grind the flange/face of the collar precisely in line with the axis of the 3/4" bore and the er taper.
and you may have to regrind the taper anyways if that is a cheap collet chuck from china.
https://www.maritool.com/tool-holder...duct_info.html
is 1.5" large enough to contact the nose of the spindle? (you would need to flatten the face of the r8 collet, but that's easy)