A quantization circuit includes a plurality of resistors, a plurality of tap points, and a plurality of coarse comparators. Each coarse comparator has a first input coupled to an input voltage and a second input coupled to a corresponding coarse tap point voltage. Each coarse comparator operates during a first phase to produce a "1" only if the input voltage exceeds the corresponding coarse tap point voltage. A plurality of fine comparators each have a first input coupled to the input voltage, and each fine comparator operates during a second phase to produce a fine output level indicative of whether the input voltage exceeds a corresponding tap point voltage of a group of tap points located immediately below the tap point connected to the highest coarse comparator producing a "1".