This is the lowest I’ve ever seen the HD700, beating an Amazon deal from two weeks ago by $ 6 (and no tax for the win).
Sennheiser HD700 $499.99 at Newegg (Ends 06/28 by Focus Camera)
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Newegg has the Sennheiser HD700 [newegg.com] for $ 499.99 with Free Shipping via Focus Camera. Offer expires 6/28.