One has to keep in mind the recording quality of any given sample and the salient fact that analog contact media like tape and vinyl can not reach 16 bits in a million years unless someone fattens it up with loudness compression and unfortunatly that is frequently done on uniform loudness CD mixes from the old analog tape archives .
*^^^that may account for the legitamate cases where vinyl can sound better than CD's .
I'm not discusing mp3 or aac mpeg compression that's another discussion altogether and not worthy of being compared to good contact media anyway
OTOH there is no reason at all some one cant prefer the same mix outside of uniform loudness CD's or not to the same mix on vinyl (warts and all) as opposed to digital either way there are folks that devlop a prefernce for mp3 for instance and I enjoy some lossless digitized vinyl needle drops warts and all as well just not a steady diet of it unless it's digitized *correctly outside of a uniform loudness mix .
Of course there are the vagarities and variables on any given playback chain and room or phones outside of the scope of this discusion.
I grew up on anlog contact media so I'm keenly ahware of it's limitations and vagarities and the RIAA EQ vagarities on vinyl and tape playback vagaries including the mechanical vagarities of both .
OTOH propoerly digitized anlog vynil or tape contact media at 16 bits (each vs vinyl individually ) on a given mix should be indistinguishable when level matched from one another becuase 16/44 lossless can capture everyting *accuratly below the 16/44 lower nyquist rate @ 22,500 khz * you cant hear anyway and analog media doesent have a high enough bit depth equivalency to make digital artifacts a concern on a good 16/44 CD or file that isnt fattened up i.e. uniform loundess mixed .
FWIW oversampling contact media to hires is just that oversampling and in itself accompishes nothing outside of a good mix not otherwise availiable at 16/44 .
The only correct answer
outside of a bias preference to which one sounds better is .......... it depends
FWIW I prefer digital which *includes correctly lossless digitized contact media * i.e. tape and vinyl but it all starts with a good recording/mix
FWIW (again ) IMO losssless 16/44 digital at Tidal hifi is the best choice right now outside of equally good legitimate lossless digital media that wasn't uniform loudness mixed.
Tidal Hi FI 16/44 gets the 24/48 + albums and tracks including digitized contact media all from the labels for the most part and they simply truncate it to 16/44 FLAC to steam and none of it (ouside of the odd CD mix there ) ever made a uniform loudness CD/mp3 mix or an RIAA EQ vinyl mix that are both compramises and detrimental in thier own ways .