Which dac with this system?


Hello everyone,

Getting back into the hobby and trying to create a minimalist system that is convenient, low cost, and of course sound great. I have decided to use the Quad 12L , eliminates the need of an amp, as my speakers and the Squeezebox touch as my source. What I need now are recommendations for a DAC that has coaxial balanced output, digital in, and is around the 300 - 500 dollar range.

Any recommendations?
daimbert
Antelope that I've ordered has volume control and headphone amp...
Not for $500 though.
If it were me, I'd lean towards a tube DAC for a smooth presentation with those smaller Quad monitors. Not sure which one would meet all your requirements though.
You think the Emotiva DA-1 will work? Not to sure about the volume control though.
Do you think the M-audio Audiophile, which I own, would work? It does have coaxial input and a output level controller. I mean its not great but could hold me until I can purchase something good no?
Not sure $300-500 will get you where you need to go with this. In the light of Mapman's comments, you might want to consider a tube preamp and use the analog output of the Touch. The only DAC with volume control and balanced out at this price range I know of is the Pacific Valve Matrix mini. I have no idea how it sounds, or if it would be an improvement over the Touch analog stage.