if you had 500pp to set up a new paladin - advice needed.

[Tanagor]

Suit of bronze (~110 AC): 100pp
Suit of banded (91 AC): 75pp
Gigantic Zweihander (18/39): 200 - 300pp
Crested Mistmoore Shield: 150 - 200pp
Enameled Black Mace (8/28): 150 - 200pp
Obsidian Scimitar (7/27): 80 - 100pp
Jagged Band: ~50pp ea
Moonstone Ring: ~50pp ea
Golden Amber earrings (+3 str): ~50pp ea
4ac 45hp rings: ~150pp ea (guess)

Obviously that adds up to more than 500 but it should give you some ideas.