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This US$550 asking price is a clear bargain, landing well below the 25th percentile of US$698 and significantly under the median of US$843 for recent used Schiit Gungnir listings. With the original Gungnir long replaced by the Gungnir 2 and eventually the Multibit variants, finding the classic delta-sigma version at this discount offers immediate value for enthusiasts seeking its distinct sound without paying modern multibit premiums.
The Gungnir remains well-regarded for its robust build, flexible input options, and warm, musical delta-sigma conversion that pairs beautifully with demanding amps. At US$550, this is a genuine buying opportunity for a veteran DAC that still outperforms many contemporary budget units, provided the unknown condition is confirmed as functional. If the unit works cleanly, you’re securing a high-performance piece of Schiit history at a price that makes the risk of the unknown condition worth taking.
Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.
Schiit Audio: Brand Overview
Schiit Audio is an American audio company founded in June 2010 by Jason Stoddard and Mike Moffat, two veteran engineers with deep roots in the high-fidelity industry. Based in California with manufacturing operations in Texas, the company emerged from a shared vision between its founders—who had reconnected after years in separate audio ventures—to democratize desktop hi-fi. The name itself, deliberately provocative, reflects Stoddard's irreverent approach to a traditionally buttoned-up market, born from his wife's exasperated suggestion during late-night garage sessions.
The company specializes in personal audio components, with a product portfolio spanning digital-to-analog converters (DACs), headphone amplifiers, preamplifiers, and integrated amplifier-DAC combinations. Schiit's first product, the Asgard headphone amplifier, launched in 2010, followed by the Bifrost DAC in 2011. The lineup ranges from entry-level pieces starting around $99 to premium offerings exceeding $2,000, with the company positioning itself as a leader in direct-to-consumer audio sales.
Schiit occupies a distinctive position as an accessible yet credible player in the audiophile market. Rather than pursuing ultra-premium positioning, the company has built its reputation on delivering genuine sonic performance at consumer-friendly prices—a philosophy its founders describe as trying to "out-cheap" each other. This strategy has resonated strongly; the company has grown substantially since inception, operating from a dedicated 15,000-square-foot facility and maintaining a reputation for transparency, quality engineering, and genuine engagement with the audio enthusiast community.
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