In very good condition. With original manual. Its has an E serial number, so was the last of the DACs (so had all the latest revisions) before the DAX version was released. It sounds superb, and I've only had it a week, but I need the money unfortunately as a camera lens I need to buy is ending up much more expensive than I though, and I can't currently support both hobbies. Very favorable review here: [URL]http://202.186.86.35/audio/story.asp?file=/1996/8/01audiol[/URL] What surprsied me was this DAC sounded better than my previous CD93 ! - thats quite an achievement. £160 collected from Chelmsford, Essex.