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Against the obvious alternative of paying up for a current new DAC, this asking price is ambitious for a used Hugo 2. At US$2,000, it sits above the 75th percentile (US$1,746) of your recent comps, so it is priced at the top end of the market rather than as a bargain.
That said, the Hugo 2 still has real appeal: it’s a respected portable/desktop DAC with a distinctive, highly resolving sound, strong headphone-drive ability, and a compact form factor that still feels premium. If this one is truly clean, ideally with the original box, cables, and charger, the value is in convenience and condition as much as the sound. I’d buy it only if you specifically want a pristine example and the extras are complete; otherwise, there’s more room to negotiate.
Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.
Chord Electronics, a British high-fidelity powerhouse, traces its roots to the aviation industry. Founded in 1989 by John Franks, a former Marconi Avionics engineer, the company emerged from his early 1980s innovations in ultra-reliable, high-frequency switching power supplies for aircraft electronics. Initially too costly for commercial viability, the designs became feasible with advancing components, launching Chord from its Kent headquarters in a renovated pumphouse that remains its manufacturing heart.
The brand excels in premium amplifiers and digital-to-analog converters (DACs), blending Franks' analog prowess with digital expertise from FPGA specialist Rob Watts. Early power amplifiers quickly won acclaim from professional studios like the BBC, Abbey Road, and Skywalker Sound, establishing credibility before shifting focus to consumer hi-fi. Iconic products like the Hugo and Mojo DACs exemplify their boundary-pushing approach, alongside integrated amps and streamers, all handcrafted in the UK without compromise on power, precision, or musicality.
Positioned firmly in the high-end market, Chord commands respect among discerning audiophiles for its uncompromising engineering, aerospace-grade reliability, and bold innovation. Independent and proudly British, it sets benchmarks in transparency and dynamics, attracting buyers who demand reference-level performance over mass-market concessions.
See all Chord Electronics listings on RADAR.
