Best DAC for $500

Elizabeth - have you heard the Arcam rDAC the Teddy Pardo PSU ? If not, I would strongly encourage you to do so. You may be surprised.

I agree with Elizabeth for the most part. I'd suggest trying out the Schiit Bifrost. There's a 15 day money back return policy, so if you don't like it, you're just out the shipping costs. The cost of the unit is ~$450 with the USB input. The DAC and USB cards are upgradeable, so if they come out with a new chip or USB 4 or something, you'll be able to upgrade without paying for everything else in the component. If I didn't already own an integrated Peachtree, I'd probably be trying one myself.

First off,thank you all for your responses.

Second, the back and forth (which I love) is part of the reason it takes me forever to finally buy something! For every good review there is a bad one.

Ultimately I know it comes down to what sound I like, just a bit difficult to grasp starting out!

Here is another piece of info that may help you help me.....

My song library, all 20,000 plus, has been accumulated over 10+ years. The source data is all over the place, original CD's, ITunes, Napster (yes that old), etc....

Whatever I get, needs to be able to handle all the various file formats.

And while I gave a $500 price point, if there is a big difference in sound level, I will gladly up the ante. There is a upgraded Mccormack that I was looking at...

I've tried a few dacs over the past while at different price points. Certainly they get better as you spend more, and the sweet spot seems to be around $1000-$1500.
For $500 I'd look for one that has very few features (i.e., no volume control/headphone amp) to ensure the money is spent on the DAC, not the features, faceplate and fancy knobs.

Two that offer good value are the Musical Fidelity V-DAC 2 (about $350) and the Simaudio Moon 100D ($600).

My 2 cents....