1907 Morgan Red Belt Postcard Aut?
 

A new member sent me some scans to post concerning this Red Belt Postcard. He asked if it is real and if so, should it be graded/authenticated? I told him what I thought before I saw anything. And I haven't changed my tune since I saw these scans. Thoughts?

Looks legit to me. I've seen them miscut like this example on occasion.

This particular pose seems to be miscut often. Looks like a real postcard to me as well, but without holding it in hand you never know these days.