Based on prior ownership and/or listening:
#1: DCS used Delius $3K ish
#2: Kora Hermes - tubed so you can play a bit with that, price used estimated at about $800-900 ish
#3: CAL Audio Alpha - really an impressive DAC for the used money of about $500ish. Tubed so can tune to your preferences
These are all great DACs that based on my comparitive listening with the newer DACs selling in the $1K to $2K range are quite a bargain. Though it should be noted that especially with the Kora and CAL, you are getting older chipsets but the benefit of tubes to tailor the sound to your liking. Tubes in DACs last a long time, so it is not much of a continuous replacement aspect.
To be honest, I have not been overly impressed with very many of the $1,000 newer DACs that have made a lot of outlandish claims in terms of performance, but I think there are some new chipsets that are quite good. But unfortunately, the best of these chipsets seem to turn up in the much higher priced DACs.
#1: DCS used Delius $3K ish
#2: Kora Hermes - tubed so you can play a bit with that, price used estimated at about $800-900 ish
#3: CAL Audio Alpha - really an impressive DAC for the used money of about $500ish. Tubed so can tune to your preferences
These are all great DACs that based on my comparitive listening with the newer DACs selling in the $1K to $2K range are quite a bargain. Though it should be noted that especially with the Kora and CAL, you are getting older chipsets but the benefit of tubes to tailor the sound to your liking. Tubes in DACs last a long time, so it is not much of a continuous replacement aspect.
To be honest, I have not been overly impressed with very many of the $1,000 newer DACs that have made a lot of outlandish claims in terms of performance, but I think there are some new chipsets that are quite good. But unfortunately, the best of these chipsets seem to turn up in the much higher priced DACs.