As a comment to the above post about the Nikon Monarch 3 1-4x20, I have a good bit of experience with the two scopes that were offered by Nikon (Monarchs) previous to this iteration. I own two of the older Nikon Monarch UCCs 1.5-4.5x20 and they are fantastic scopes, at least on a par with a Leupold VX2 IMO. I also own the scope that looks exactly the same as this Monarch 3, the Nikon Monarch African 1-4x20 with a #4 reticle. This scope is nothing short of outstanding, especially with the #4 reticle which is one of my favorites.
I'd highly recommend this Nikon Monarch 3 1-4x20 (#4) for anyone looking in this price range or even above.