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Schiit GUNGNIR MULTIBIT Digital Analog Converter (DAC) Purchased new in 2015 direct from Schiit, with the Multibit upgrade option. One owner. Condition: Excellent Payment Method: EFT, Cash Region/State: (NSW) New South Wales/Australia By freemason 0 Comments AUD $1,000 Date: March 7, 20251 yr
This A$1,000 asking price is a strong deal, landing just below the 25th percentile of A$999 for recent AUD listings and well under the A$1,207 median. For a Schiit Gungnir in excellent condition, you are securing a genuine bargain compared to the current used market, where 75th percentile asks climb to A$1,613.
The Gungnir remains a highly regarded DAC for its proprietary multibit topology, delivering the “zesty and sweet” sound signature that made Schiit a cult favorite. This unit offers meaningful upside by pairing original-owner condition with a price that historically saw US listings around A$1,200–A$1,500 equivalent; at A$1,000, it is a clear buying opportunity for enthusiasts seeking that distinct multibit character without the usual premium.
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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