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New vs. old DACs - opinions?

I'm on the market for a new DAC. I've noticed that you can find used DACs from, say, 8 years ago that are heavily marked down from their original price. I just saw one sell for $400 that was originally $1500, for example.

So, correct me if I'm wrong, but the progression of DACs seems very different from that of amps... an old amp, like McIntosh, is still highly competitive today... but it seems that newer DACs are more evolved, refined, and use higher quality parts for less money, right?

Another thought is - before DACs were as widely used as they are today, perhaps the mark-up was much greater in the past...? Where-as now, with the influx of foreign manufactured DACs, there is a healthy bit of competition that keeps prices down by limiting the manufacturer mark-up. Correct me if I'm off here as well.

So, overall I'm wondering if I would be better off buying something new like a Keces or MHDT DAC or finding something older that is heavily marked down.
djembeplay
herman
2,251 posts
 
Stanwal's analysis is off base. The state of the art for digital playback continues to evolve and there is no way a SOTA player from the 90’s can compete with a SOTA player from today. The goal continues to be a moving target.
mofimadness's avatar
mofimadness
4,981 posts
 
I agree with Stanwal. As someone who has, over the last year, had at least a dozen different DACs, (both very new and very old) in house to listen to, I think I can make a quality statement here. The three I have kept are older DACs. They sound more like music and less like computers. Maybe that's the problem. Way too much "computer" sound and not enough real hifi. Have ipods and their ilk redefined what we conceive as good and/or bad?
djembeplay OP
179 posts
 
Wow, looks like I struck quite a controversial topic here, eh?
tholt
551 posts
 
Mofimadness, which ones were keepers out of curiosity?
plato
1,543 posts
 
I don't know... I've had a bunch of the older DACs like the Monarchy D22B, Parasound 2000, EAD 7000 II, and even had a EAD 9000 in my system for a while.

The EAD 9000 was the standout (and most expensive) of that lot, the others were good, but not "awesome" by any stretch. I also have an old CAL Ikon II, which only sounds good if plugged into my Monarchy Audio AC regenerator.

Then I had a Modwright Perpetual Tech P-1A and P-3A combo, a Bolder Cable modified ART/DIO, a Benchmark DAC-1, a Monarchy M24, and a Rega Apollo, all of which delivered great bang-for-the-buck and likely better high-frequency reproduction than any of the earlier units.

One of my friends has an older high-end Wadia DAC and another an antiquated Sony former top-of-the-line one-box player, and the high frequency performance of those pieces is dreadful to my ears, although the Wadia DAC presents very solid bass and great dynamics. But I couldn't live with either of those pieces long term.

The bottom line is that I don't miss any of the older gear. I would take the Rega Apollo (by itself or with the Monarchy M24), or the Benchmark DAC-1, over all of the previously mentioned gear, with the sole possible exception of the EAD-9000. Another current DAC that interests me, but I haven't heard, is the PS Audio Digital Link III and I believe PS is introducing another new model sometime soon.

Regardless of all of the above, I've been getting back to listening to my analog sources lately -- a renaissance of sorts -- and I'm digging it big time.
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