DAC recommendation


Doing a lot streaming with Spotify thru the parasound halo p5 DAC. I am noticing a difference in sound quality when listening to cds with my old rotel player and was thinking of upgrading to a stand alone DAC for better quality. My budget is about $1500 max used. Like wyred 4 sound but I’ve read some good things about schiit on some other threads. Any recommendations would be greatly appreciated, thx. 
klerxst
What is sounding better, the Parasound or the Rotel?  Are you using a digital output from the CD player? Are you comparing the exact same masterings?
+1 for Mr_m.
The Codex is a great buy for the money.
A close second is the Schiit Gungnir or Yggy. The latter is a bit more (closer to $2K used).
The nice thing is that both Ayre and Schiit offer upgrades as they become available.
B
Just received my Schiit Gumby two weeks ago to use in my headphone system and am very pleased, it replaced a long in tooth Theata dac and am glad I pulled the trigger on it. When things get settled in I plan to drag it down to the big rig and give it a work out.
I don't think you need a new DAC. The difference you are hearing is Spotify streams MP3's and you're playing redbook CD's on your Rotel. A better comparison would be use the digital output of the Rotel to the Parasound's DAC and see how that sounds compared to the Rotel. If you want CD quality streaming check out Tidal.