I came across a Pioneer AV Receiver VSX-823-K for $85. This receiver was released in 2013 to reasonable reviews. Street price per CNET was $400. It was purchased new from Best Buy by Jim Eigner (who I purchased it from via Facebook Marketplace). Current receivers start at $300 and go up quickly from there.
The same seller also had an LG 55LH90 television for sale. This was manufactured in October 2009 at an MSRP of $2700 and was on sale down to $2000 according to Best Buy. It had pretty good reviews as well. This was being offered at $120. New televisions at Costco start around $500 and go up quickly from there.
I decided to purchase both items for $200, taking Jim's word that they worked fine to the best of his knowledge. I will say that set up was a breeze (aside from the weight of the television) everything was pretty straight forward.
The picture and sound quality were exactly what I expected and now the big decision is what to do with my older electronics. I am fairly comfortable selling the receiver, but one of the children may be getting a new television.
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