Hi everyone, I was doing some research on the UK market, then I realized there are some big differences in prices between these two markets.
The PSA9 price in the UK on average is around 35% higher (including all low-end, high-end)
The PSA 10 price in the UK is around 25% higher than US (same card).
And people in Europe need to pay more in shipping cost. Raw cards cost more in Europe as well because is imported from USA. So there are a lot of reason behind it. Collecting in Europe is not easy as in USA.
Sounds about right to me. Mixture of UK collectors thinking grading with PSA is hard so there are less PSA slabs in general in the UK, and taxes.
Once you hit a certain turnover you have to pay 20% (in most cases) VAT for all your sales. In America its standard to add sales tax on top, but here its just built into the cost. So the big businesses / sellers who do over 80k~ in sales have that hefty fee on top of everything.
If we want to buy a slab from America, if its over £160 or so we have to pay 20% VAT on it when we bring it into the country. Those same big sellers/companies who are VAT registered can claim that back, but an average person who isn’t a business will have to pay that fee (or dodge tax ) That being said, PWCC → eBay UK is still some of the easiest arbitrage out there if you can get cheap shipping and keep your import tax burden low
I’m sure i’ve missed some reasons, or maybe I’m overthinking the VAT thing, but those are the reasons that come to mind
One obvious factor not mentioned is supply difference. Most sellers are located in the US and most don’t sell to the UK (and if they do they use the very expensive GSP option)
thank you everyone for the great information, I was worried my numbers are off, but it seems like UK has been more expensive for a long time due to a lot of factors.
Out of curiosity are you planning on adding some way of differentiating between UK & USA ebay on your site? That would be an amazing feature if possible.
Region switch/selection would be the way I can think of. For example, adding a button to switch among the US Marketplace/UK marketplace/Japan Marketplace.
Also, I need some time to think if there’s another way. But one thing is very clear, we can’t simply put US/UK sales together. Eventually UK will be added, this is for sure, I just need to find a way to differentiate the two marketplaces.