Dac Suggestions around $500


Hello Everyone! I need some advice about what dacs I should be looking at in the price range around $500.  New or used is fine.  I’d like it to be able to decode hi res files since more and more of the music I stream off Amazon HD seems to be in high resolution.  

I’m going to using my bluesound node 2i as the source which leads me yo another question; is digital coax going to output hi res or do I need to go usb?

Thank You ahead of time!  
128x128b_limo
For around $500, you can get a used Benchmark DAC1, possibly even a later version. I saw one this week on Craig****t for $200. That's a good price for a great DAC.
Since you are looking for a DAC to serve while saving for an upgrade I would buy used. Otherwise maybe continue to use use the Node as is. Interest rates are low now, probably could pay off a loan at less loss than buying one DAC and selling it to buy another.