Hi John, I would recommend the Transfiguration Orpheus! This is a real Gem. Also, I would highly consider the LYRA DELOS for the VPI Classic. Both of these are excellent for your table.
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I see your Luxman L505U has a MC section that goes down to .3mv. I would recommend the Dynavector XXMKII. Is has an output of .28mv which is lower than the rest of the recommendations mentioned above, but should probably work just fine. They mate very well with VPI and about $500.00 under your budget.
I'm sorry, but I don't understand the responses to your question johnm21.
The Orpheus is no longer in production. It has been replaced by the Proteus. It has an output of .2 MV. I don't know what the maximum gain is for your Luxman but I would not buy the Proteus unless you have at least 60 db of gain available.
If you have not replaced the feet on your VPI with Stillpoints, I would recommend doing so before buying another cartridge. If you do not have your Vpi sitting on Stillpoints with a good platform such as an HRS, Symposium, SRA, or Ginko sitting beneath everything I suggest you do that before buying a new cartridge. Those changes will yield huge improvements to your analog playback.
I've never heard a Lyra I didn't like, but I think the wood-bodied Grados are
also worthy of consideration. They top out at $3500, but the next one down
is under budget at $1500. They are available in the Reference series with a
4-5 mV output or in the Statement series with an output of 0.5mV due to far
Reviews of this entire series are quite favorable; they tend to outperform
popular cartridges at their price points. A review of their top line Statement 1
asserted that it was clearly more resolving (while being lush and romantic)
than the much more expensive $5500 Koetsu Orushi Blue.