I have dummy rounds made up for several different cartridges.
I drill holes into the case walls for quick ID and fill the primer pocket with hard rubber so it can be used as a snap cap. I've tried epoxy but it's to hard and deforms permanently.
As mentioned, you should have more than one.
OP, I'm a bit surprised that the smith asked for a dummy round to do the build on the precision rifle build you're commissioning. Most smiths already have match grade reamers on hand and about the only thing they will be concerned about would be throat diameter and depth. Usually, they just cut the chamber with what they have on hand.
The only thing I can think of is that the smith is going to send off the dummy round to the reamer manufacturer and have a special reamer made up. By doing this, the smith can keep tolerances as tight as possible.
If you're planning on hunting with this rifle, take extreme care when making up your hunting ammo.