The material chosen really depends upon the load and usage.
Given that the load is not generally severe in a home type application such as this where the size may be physically driven rather than detail design based upon mechanical characteristics I would not get too wound up on the material.
Whichever option you go for in the commonly available materials EN3A – EN9 there are pros and cons
EN3A is a low carbon – about 80% the strength of EN8 – will wear in, easy to machine
EN5/6 Medium carbon – about 90% strength of EN8
EN8 – old choice for gears – can suffer fatigue
EN9 – Medium carbon – equal to EN8 less fatigue cracking
I would expect the load to be low, so any of the above should be suitable – however if you plan to heat treat then EN8 or 9 via induction hardening , EN32 via case harden etc…
There are some advantages to the low/med carbon as these will wear in if you are cutting with home made cutters on a small mill i.e. they will be more tolerant – whereas if you cut low quality gear forms on high grade steel – this could cause more damage to the existing gears.
Just my thoughts
Julie