All starts with recording engineers who understand microphones, positioning of players and their mics, room acoustics and a myriad of other contributory elements.
Each step contributes and the masters understand that. Rudy Van Gelder studios had this dialed in. Recordings several decades old hold their own today.
Bernie Grundman picked up and carried the torch. I’ve blindly picked off his mastering work for decades. I think he is the best currently.
Santana Abraxas Blu-Spec CD2 version first cut disappears. Mickey Hart Däfos disappears. Several Three Blind Mice recordings disappear.
It can never be live, but the facsimile of performance can be breathtaking when source is teamed with top reproduction equipment. Good hunting.