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The timing matters: this is a 1994–95 Denon, so it is a mature analogue stereo receiver rather than a modern AV hub. At £150, it is above your comparable-listing median of £129 and above the £141 75th percentile, making the ask ambitious unless condition is exceptional.

It is still a capable, well-liked design: roughly 60W per channel, a useful MM phono stage, RDS tuner, A/B speaker switching and a sensible spread of analogue inputs. Its straightforward two-channel layout and solid Denon build make it appealing for a classic system, but the listing needs to justify the premium with excellent cosmetic and working condition, ideally the RC-174 remote and clear evidence that every input, tuner function and control operates properly. Without those extras, £120–£135 would feel more convincing.

Independent perspective — not a price guarantee. Always verify condition, accessories and provenance before purchase.

About Denon

Denon traces its origins to 1910, when American entrepreneur Frederick Whitney Horn founded Japan's first audio equipment company, Nipponophone, initially focused on gramophones and records. The Denon brand emerged in 1939 from the merger of Japan Denki Onkyo—combining "den" for electricity and "on" for sound—with other entities, marking a shift toward professional audio development. This heritage includes pioneering Japan's first professional disc recorder in 1945, used to capture Emperor Hirohito's voice, and launching the nation's first long-playing records in 1951.

The brand excels across a broad spectrum of hi-fi categories, from amplifiers, turntables, and tuners to loudspeakers, cassette decks, and phono cartridges. Denon's innovations extend to digital frontiers, such as the world's first practical PCM recorder in the early 1970s, the inaugural CD player in 1981, and early home theater systems with Dolby Digital in 1995. Today, its lineup encompasses AV receivers, headphones, wireless streaming solutions like HEOS, and high-channel processors, blending professional-grade components with consumer accessibility.

Denon holds a commanding position as a mid-to-high-end mainstay in the hi-fi market, revered for its blend of technological firsts, robust build quality, and balanced sound signatures that appeal to discerning enthusiasts. No longer a vintage collector's niche, it competes confidently against premium rivals, backed by over a century of audio leadership and strategic partnerships like its merger with Marantz.

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