my Low dollar 318 hop-up project

Great question! I had 3 choices. All three would have worked.

3). New was about 55 bucks at my door. I had pretty much bought all the components for the build, and there was room for them in the budget.

My thought process was the exhaust valves were 40 years old and had 120,000 miles on them. The exhaust valves take a beaten. Means the funds allowed it, why not new?

With a cost difference of $25.00, replacing the old valves makes the most sense. I pulled valves out of a 66 273 and not only were the valves pitted with the lip edge, the grooves for the keepers were shot too. Good call and thanks for the explanation.