I don't know about cheapest but for best quality for the buck I would say Techniks brand. I hear nothing but good about all their collets & are said to be the best import collets available, quality on par with some of the high dollar collets & they don't cost a lot.
All my ER-40, ER-16, & DA200 collets are Techniks & I'm very happy with them. Depending on how fast I need one, I get mine from ebay sellers hemlytool or allindustrialtoolsupply, both have their own websites. I got my DA200 set directly through All Industrial's website as it was cheaper than their listing on ebay, still free shipping.
Techniks ER-20s are $14.15 ea shipped from ebay seller cnctoolingstore.
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