You might want to pick up a Heddon Daisy Model 300.
Japanese clone of the Hardy Featherweight.
Usually avilable in the $35.00 to $50.00 range. Good reel for the money and looks good on a bamboo-like fiberglass rod.
If you really want to go retro…Meisselbach 631 Rainbow…around $50.00 for a good one.
I’ve owned and fished all of these reels. They are fine reels for the money and have a lot more character
than any of the spoked wheel large arbor reels so prevalent today. This is just my opinion.
I know this is not what you are looking for, but Orvis has their Battenkill Mid Arbors on sale right now, plus you get a free fly line of you choice or an extra spool. I just picked up a reel for a 3wt for $99 including an Orvis Wonderline Trout line.
Dunfly, I just purchased a Battenkill Mid Arbor V with a 9wt Salmon/Trout line. It is a very good yet simple reel. (Steelhead in the fall!) Excellent recommendation.