Block and tackle balance
What you have here is an old crossbow style balance, which is a discontinued and obsolete part. They don't make these anymore, but the good news is that we sell modern assemblies that work in their place.
One of the most common alternatives is the Series 795. As long as your spring diameter is 1/2" then this should work, but it does require some retrofitting on your end to actually get it function. We have a video guide that describes what you must do step by step. I highly recommend watching it.
If your spring isn't 1/2" in diameter, then let me know and we can work from there.
Sounds good! We'll be here to help if you had any follow up questions.