I would agree with what was said above. The wade IS NOT a wade. Just a small friendly piece of free advice. Buy the absolute best saddle you can afford. Not neccisarily the most expensive mind you.
A few years back I had a friend of mine shopping for a saddle. She found one of these saddles on ebay for right in the same price range. She also found a really nice rocking r saddle for 700 bucks. She asked my opinion and I told her the same thing. She opted to go with the cheap saddle. When she got it, it felt like riding a fence rail, and the tree was aluminum. It didn't fit the horse and after about 3 months it was literally falling apart. She ended up paying more in the long run than if she had just dumped a little more money up front.
There is your free advise and worth every cent you paid.
Unfortunately, any new western saddle that only cost a few hundred dollars are going to be crap. Generally speaking, pretty much any new saddle (with the exception of a very few smaller custom makers) that is less than $800-$1000 is going to be crap.
If $300 is your budget, like others have said, look for a used big name brand saddle...or keep saving your money and get a better quality new one in a few months.
For just a bit more, you can get a new custom from Corriente that is really good working quality. Mine cost less than $700 and I wouldn't trade it for anything.
Yeah I was also thinking of getting a used one. I saw a used simco for $300 a little while ago but missed the auction because I didnt know what size it was. Strangely no one was bidding.... I;m still mad at myself for not taking the chance and bidding.