Physical vs e-code verdict
Do not ask which format is better. Ask which format pays more for this exact card today.
For a seller, the useful answer is not a theory about plastic cards and digital codes. The useful answer is the live value difference for the card you actually have. The comparison card on this page uses a $100 US Apple Gift Card example because it is a common seller search and it has separate physical and e-code values.
If your card is physical, compare it with the physical number. If your card is an e-code, compare it with the e-code number. Do not use the higher number just because the brand is the same.
Live format rows
Check the current Apple physical and e-code rows.
This table uses the same site data source as the value card. It is here so the answer is visible on the page, not hidden behind a calculator link.
Apple
USD 
Why the two values can be different
A physical card and an e-code may redeem to the same brand balance, but buyers do not always see the same risk. That risk changes the resale quote.
Proof confidence
Physical cards can show card photos, packaging and receipt evidence. That can help when the buyer needs proof before paying a stronger quote.
Delivery speed
E-codes are fast to send, but speed is only useful when the source is clean and the buyer accepts that digital format.
Dispute risk
An e-code can be copied, forwarded or shown to multiple buyers. That can make a buyer more careful with the price.
Buyer demand
Sometimes buyers actively need one format more than the other. That is why the higher value can change by market and date.
Seller checklist
Use this before accepting a quote.
The goal is to match the quote to the card, not to force the card into the highest number on the page.
- Confirm the issuing country before asking for a rate.
- State the amount clearly, for example “$100 US Apple”.
- Say whether it is physical, scanned, receipt-backed or e-code.
- Use the rate converter after the correct row is selected, not before.
The practical answer
Physical cards often win when proof is important. E-codes can still sell well when the source is clean and the buyer wants fast delivery. The better format is the one whose live value matches your actual card today.