Upgrade Amp or Speaker for 2 channel?


Noob here.BUT a dedicated 2 channel enthusiast for over 30 years.

Have not upgraded my system for over about 8 years.Need advice on which component would give me the best "improvement".

My system: Anthem TLP-1 ,Anthem PVA-2,Paradigm Studio Reference 100 V3,Denon D/A 500 dac,Arcam CD 73,Sony ES 5 disc cd player.

Used in a medium to large living room.Open concept modern house with high ceiling,wall to wall carpets.

Would appreciate advice!

My dealer wants me to trade the same model(studio 100s)Paradigms for version 5.He would give me $800 trade value for my 10 year old speakers in mint shape towards the recent version which now sells for $3K USD.

Or,should I upgrade the amp?

Thanks in advance!

Gabe
eternityroad
Thanks everyone for your candid responses,much appreciated.

I guess the pure analogue sound from my second audio system based on a high end "vintage" turntable has influenced my expectations of digital sound.

Anyway I'll try the DAC magic which can easily be returned .

Gabe
You were all correct-a new DAC has defintely improved the sound.More separation,tighter bass-pleasing to my ear.

I wish I could have afforded a better Dac than the so called "magic" one as I prefer to support products made in North America.
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Are you using the new DAC for the Arcam CD 73 player as well? If not, you might try a digital connection just for grins and see how it changes the sound.