CD/SACD player Under $4000

@audphile1 My understanding is that that the Shanling

1) if playing a SACD and using the internal dac then it converts to PCM before it reaches the R2R dac, as the dac is only capable of receiving pcm.

2) if playing an sacd and using digital out, as long as you use I2s it is DSD, any other output will be DOP.

3) If using the r2r dac then pcm.

@demondessa correct. But I will not be using I2s out. My DAC doesn’t have i2s in 

The Denon DCD-3000NE is a relatively new SACD player on the market and is excellent. You can usually buy it for <$3300. Only downside is no XLR outputs.

I picked up a used OPPO BDP-103 on eBay for cheap.  I made several modifications to it (see oppomods.com) including adding an I2S HDMI port.  Now it sends native DSD to my DAC.  Magnetar bought up a bunch of oppo laser drive me chanisms, so they'd also be a good choice.   

I found a lightly used Esoteric K-05x a few years ago well under $4k. Sounds great 👍