A replaceable valve shaft sealing system is disclosed that enables the operator to greatly reduce the maintenance needs of valves where rotational movement of a shaft, that is connected to the actual metering apparatus of the valve, actuates the opening or closing of the valve thereby regulating fluid flow. The design of the shaft enables the user to replace the valve stem and associated sealing rings or to re-lubricate the shaft, while the valve is connected to the line, by simply removing the packing nut. There are no-preloaded sealing devices that require re-construction. Prior art designs use O-rings to prevent the seepage of fluid into the valve body and though the rotating shaft, but the disclosed shaft prevents contamination of the lubrication into the fluid flow and eliminates any of the axial loads that can cause O-rings to fail using the prior art designs.