Brand new. Just announced the new Audio Mirror's Tubadour III non-oversampling tube DAC. You can check for more info www.audiomirror.com This is the most analog and musical DAC using tube based IV conversion. This is an introductory price for the base model. Please contact me if you have more questions. Buyer have 10 days for return. Items must be returned in their original condition, with all included packing materials and no signs of use. Buyer assumes responsibility for all shipping return costs. Buyer will receive a full refund in the original payment method less any shipping charges. Buyer covers PayPal fees.