The PD-65 was introduced in 1992 as Pioneers top of the line single CD player. It had an M.S.R.P. of $800.00. It remained in production through 2001, making it the longest running single-disc player of the Elite line.  Also, Pioneer never raised the price of this superb player during that entire decade. The fact that it remained in production so long speaks for the high level of engineering that went into it. It most certainly was a reference standard.

December 1992 Audio Magazine lab test

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Specifications:

 Stable Platter Mechanism
1-Bit DLC with Twin High-Speed & High-Density Pulseflow D/A Converters
 Legato Link Conversion
 Center-Tray Mechanism
 Class-A FET Buffer Amplifier
 Twin Transformers for Analog and Digital Circuitry
 Direct Connection
 Display Off Switch
 CD-Deck Synchro
 Full-Function SR Remote Control
 Index Search
 5-Mode Repeat
 Direct Track Access (on Remote)
 24 Track Program Play
 Time Location
 2-Mode Random Play
 Anti-Resonance and Anti-Vibration Designs
 Optical and Coaxial Digital Outputs with Select Switch
 Urushi Finish with Wood Side Panels
 Two-Year Warranty