In the old days before the valve giudes were cast as part of the heads, they could be replaced, and often were as part of a rebuild.
They were pressed into the head, and could be removed by driving them out with a special punch. Installation was in reverse.
Often, the guide had to be fitted to the valve. If the valve was in good shape still, then you had to reem out the guide for a proper valve fit. Too tight and it would stick, too loose and it would leak oil. A new valve had to be similarly fitted.
This was part of the old world mechanicing that you just dont see today. Most shops were equipped for this sort of work, and the tools were not as sophisticated or as costly as they are today.
These days, unless you are comfortable and experienced in this sort of work, I would have this work done by an experienced machine shop. The cost is well worth the peace of mind that it is done properly.
Mike