If I just use a DAC, do I need a Pre-amp?

I agree with three_easy_payments..............

Oz

The Fisher 400CX 2 is a classic preamp if you want it as a vintage piece that’s one thing but if you’re wanting it simply for volume control you could do a lot better buying something newer or having the Fisher refurbished. Your players have volume control is there something in particular you feel that’s missing?

The fear of missing out.  This is a hobby, so if there is some sonic thing that a pre gives me that my music player on my PC or my digital player won't, I'd like to know.   

The Fisher is being refurbished.  I have 1st right of refusal.   I do not need volume control.  The Fiio M15 has a nice volume knob and my Audiovana player and both DACs have filters/mini EQs.  

So I think I am missing nothing.  Except I think the 400CX 2 is beautiful - but that is no reason enough to buy it.  

Clearly, I will need to hear it first, and that is tonight's plan.  Both DACs on the Fisher SA-100 (I have other Amps and don't use a pre-amp).

Part II is I think the  Fisher 400CX 2 might hold its value over time.  So I might loose cost of money, where a modern just-as-good or better preamp would likely loose a lot of value in the near term.

As noted above, some DAC’s volume control cut the bits at lower volumes. If your DAC does this, you definitely NEED a pre-amp.   If your DAC has a ’high quality’ analog based volume control, it might sound great going direct to your power amplifier, OR maybe not.

There are no absolutes and that means you have to schedule a test using your equipment, and YOUR EARS, to decide if a pre-amp is, or is not needed. Based on my experience (my ears), I decided to use a pre-amp for the best sound quality.

Some DAC’s have excellent high quality analog based volume controls and others do not. As was also stated above, the only way you are going to know is to test the configuration by going direct from your DAC to a power amplifier and then the DAC direct to a per-amp. In other words, you have to hear how it sounds and then decide what sounds best to you. Unfortunately, it seems, there are many different opinions on this topic (some yes and some no).