The Grado HF2 is the second limited edition Head-Fi fundraiser headphone produced by Grado Labs, following in the footsteps of the HF1. It takes the design of the HF1 a step further, with a hybrid body consisting of aluminum cups and a mahogany driver housing. This technique was also used in Grado's current flagship, the PS1000, prompting comments on the HF2 being a "baby PS1000". It originally went on sale as a pre-order for $429 at TTVJ.com on May 15, 2009, and was featured at CanJam of the same year. As of now, the only means of purchasing one is used.
The first 25 produced were sold to members at CanJam, and there were complaints that the lettering on the cups was too blurry. Grado fixed the issue for the 500 sold regularly, but misspelled the lettering so that it read "Head-F1" rather than "Head-Fi". On February 22, 2010, a limited run of 26 "B-stock" went on sale, again at TTVJ.com. The 525 A-stock are numbered from 1 to 525 (the first 25 with blurry lettering), and the B-stock begin at 550 and end on #575.
As of June 5, 2010, the headphones once again became available at TTVJ.com for the original $429 price. Whether or not this is a limited run, or what the numbering will look like, remains to be seen.