Modifying a rim question

Ok this may sound like a dumb question but here goes, I'm buying a 54 ford coupe that has been started by my brother in law, it has a granada swap up front. I tried to put the stock rims on but the center (bearing surround part?) is 2 3/4" but the center hole on my rims is 2 5/8" is it going to hurt any thing if I grind out the center hole on the rims to fit? I would only be taking off about 1/16"th of a inch.
I don't want to **** the rims up so I thought I would ask first.
Thanks

 

It wont hurt a thing. I've done the same thing to get caps through my wheels.

 

The main thing to be concerned about , What kind of wheel ? a standard wheel (steel ) is kinda , both hub centric and bolt centric , more so centered with the conical bolts tho', while an aftermarket wheel is more leaning to bolt centric .
If it were me doing it , I think I'd get a large burr ,or stone, on a die grinder and remove material from the hub itself , the bearings and the spinning wheel hub would act somewhat like a lathe , or be careful on the wheels , altho'being that close to the center , you'd REALLY have to f--- up to have a balance issue , Joe

 

Thanks, I didn't think it would hurt any thing but I just wanted to be sure.
Correct me if I'm wrong but don't the lugnuts center the rim on the hub?

Edit: its a stock steel rim

 

Take the rotors off and mount them in a brake lathe and turn them down a little, make sure they are thick enough before you do this, most rotors are thick enough.

If you plan on rotating tires you will have to grind 5 wheels, don't forget the spare. much easier to do 2 rotors.

 

I remember seeing some of the Jeep guys t******* wheels out with a torch, to get them to fit over the hubs. So whatever way works for you.

 

The problem with grinding the wheels by hand is going to be finding someone to balance them afterward. Most balancers are hub centric not lug centric. I have a camping trailer with some old mag wheels that someone ground out the centers on. This was done so they would fit on the campers large hubs. I have one hell of a time finding anyone who has the equipment to lug centric balance them, or knows how to use the equipment correctly. I would turn the rotors, not grind the wheels. Then the tires/wheels can go on a conventional hub centric balancer. Brian