I've never spent much on digital to analogue converters. That is, relatively speaking, with regard to what can be a very expensive hobby. My foray into digital front ends began in the early 1990's with a Rotel RCD 855 used as a transport with a few different dac's that were popular at the time: a PS Audio Digital Link, a Meridian 203, and later an Anodyne Adapt Hybrid dac manufactured by a man named Scott Nixon. The Adapt was a large hybrid dac based on Burr Brown chips, and to this day remains one of the most pleasant sounding dac's I have heard.
I sold it long ago back in my gear chasing days but always wished that I had kept it. The only dac's I use these days are an older Audio By VanAlstine Insight R2R based dac from the late 2000's, an original version iFi Zen Dac Signature, and a first generation Schiit Modius. I'd like to tell you that I can easily discern between these three dac's, but I can't.
I still prefer the sound of my vintage Naim CDi from 1992, which for whatever reason just sounds more natural.