^ As someone who is on the search for bridles (and did a lot of forum searches as well) it seems like Pessoa is not all that great.
For your budget, I would say Edgewood or Aramas. Those are two on my list of five total bridles I am currently eyeing. I have an edgewood already, but it’s a thin noseband and half the pieces are really old school edgewood (~15 years old) with a mix of new edgewood (from 2014). The new leather is different indeed, and I do like the older leather more.