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GPU for £50

New Sapphire Technology AMD Radeon 7950 HD 850MHz 3GB PCI-Express 3.0 HDMI BoostLite worth £93?

Not bad. It's a touch faster than 270X which would be its closest modern-day equivalent; 280 might still be in stock somewhere too, compare the price to those.
 
Sapphire AMD Radeon R9 280 Dual-X OC GDDR5 Graphics Card (3GB, PCI Express 3.0, HDMI, DVI-I, DVI-D, Display Port, 384 Bit) is going for £193 on amazon.
 
Sapphire AMD Radeon R9 280 Dual-X OC GDDR5 Graphics Card (3GB, PCI Express 3.0, HDMI, DVI-I, DVI-D, Display Port, 384 Bit) is going for £193 on amazon.

The 7950 is practically the same and obviously a lot better choice. I checked and you cant get even a 270X for anything close to £93. 285 is in the ballpark as well and better in some, worse in some benchmarks, but much dearer at any rate.
 
What about a new Gainward GTX 960 for £125

Presumably the version with only 2GB of vram which is generally frowned upon around here these days BUT I'm not convinced it makes any difference at all for this level of gpus. The GTX 960 beats the AMD competition in perf/watt and generally trades blows with 285 (and 280 and 7950) in terms of raw gaming grunt; 960 and 285 handle tesselation far better than those alternatives and as such seem to be the safer choice going forward. For £125 it looks like the sensible choice tbh, as it's a more modern gpu; not much in it vs. a 7950 at £93 though so the decision could boil down to issues such as who's the seller and how is the warranty (7950 being old stock this is of particular importance to check).
 
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