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This is a buyer’s market only if you can talk the seller down hard; at £1,251 the ask is well above the recent used cluster for this DAC. Against your own comps, it sits far past the £783 75th percentile and more than double the £591 median, so this reads as ambitious rather than fair.
The upside is that the Gungnir is a respected multibit DAC with a strong following for its full-bodied, non-fatiguing presentation and solid build, so it can still be a very worthwhile piece if it’s complete and genuinely clean. That said, at this level I’d want evidence of the exact revision, working inputs, and included accessories, because the price only makes sense if it’s unusually well-documented or effectively mint.
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.
See all Schiit Audio listings on RADAR.
