i was thinking more a brass rod, or phenolic rod turned with a bore turned down the center, cut slightly oversize, epoxied in place, and then sanded flush. i dont know if the shoulder would actually hold much anyway- i would rely on the bezel to increase the pressure applied surface area.
but then again it might not cost very much to turn an existing bolt down, and to tap a thread- you could just have the bolt turned , and then tap the threads yourself to save costs-
but might be quite affordable for them to just to thread it on the lathe while they have it chucked up!