I have purchased several drill chucks in the $40 range and have for the most part been disappointed. There may be good chucks in that range, but I haven’t found one. Also is there is a keyless chuck that really works for a lathe? I realize I will/may need to spend more than $40 for a quality chuck, but rather not make a mistake on a higher $$ chuck.
Edit: I occasionally use forstner bits up to 2” in addition to 1/2” and under bits. Wood type varies
Edit: I occasionally use forstner bits up to 2” in addition to 1/2” and under bits. Wood type varies