This needs to be printed with fine layers, try 0.2mm. Use the test prints first (or even shorter slices in your program) just to be sure it has nice action.
I might recommend a slightly taller layer height for the inner screw, to prevent the layers from interacting as much between the two pieces.

Bill of Materials
-PLA, black (or spray the inside black)
-Plumber's/PTFE tape for smoother action
OR
AND
I've printed half a dozen of these, and minute differences in filament, layer height, printer calibration can cause big changes in how well it works. Worst case, re-print, sand, or CAREFULLY use hot water to deform the plastic. (With care that the base and eyepiece hole don't deform)
The author hasn't provided the model origin yet.