I see by the words under your avatar you are a knife maker.... Are you really going to go to all the trouble to chuck up a piece of round stock to screech out a small washer? Seriously, grab some flat sheet stock of the right thickness, drill a hole in it and saw out a rough washer. A little file work and a bit of abrasive paper later you have what you need. I guarantee you I could do it in under 20 minutes the first time.
If you needed to do a batch, I can see going through all the trouble with a lathe but for 3 or 4?
Even easier? Stroll through the McMaster Carr catalog and order something that can be made to work with minimal modification.