The "seam", that'll work for me ...no you wouldn't measure the seam. Altho' it's possible you'd find the bullets are slightly out of round if you compared measurements right beside the seam to 90 degrees from the seam. Also when mik'ing a bullet I try to avoid the edge of the base by placing the caliper jaws slightly diagnal in case there's a hint of a fin right at the base.
John C. Saubak