Lexicon 49
Little is documented about the Lexicon 49. It carries the Lexicon name and this archive's catalog files it with synthesizers, but no confirmed specifications, production dates, prices, or even a period description have surfaced in the surviving record. The model doesn't appear in it. Lexicon's PCM 41 and Prime Time digital delays do, in period press coverage such as Studio Sound (Sep. 1982, p.19).
Lexicon's other digital effects units are much better represented in the vintage press. The Prime Time and PCM 41 digital delays show up in early-1980s studio magazines. A 1980 Studio Sound item described the Prime Time as a self-contained professional-quality delay with two independently adjustable delay outputs and up to two seconds of delay (Studio Sound, Aug. 1980, p.39). The 480L turns up in studio equipment lists through the 1990s. A Lexicon-heavy used-gear price page from the mid-1990s lists the DC1 at $1,995-$4,500 (Audio, Dec. 1996, p.117). No "49" anywhere.
So this page holds one confirmed entry for now: Lexicon, model 49. It may have been a short production run, a renamed variant, or something that never officially shipped. The surviving documentation doesn't say. If you've got a brochure, manual, or magazine mention, the feedback link below is where it goes.
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