You may want to look at the Zeiss Conquest too, as it's in the same price range. I have 2 Conquest's and the Luepold pales in comparison.
Same price range as the Nikon Monarch and Elite 4200? I bought all three scopes recently and the Conquest was much most expensive than the Nikon Monarch, and noticeably more than the Elite 4200.
Go to
www.theopticzone.com and check, but I think that the Monarch is the least expensive, then the Elite 4200, and then, by a bigger margin, the Conquest.
Of the three, the Monarch is the best value, the Elite 4200 has the least eye relief, the Conquest has the most eye relief (4" constant), and all have excellent optics.
It's really a hard call to make. They are all excellent choices, although you may want to consider the Conquest because of it's longer eye relief.
Zachary