N0: slabbed Authentic is normally for cards with immense paper loss or "hand cut" cards that are trimmed so far that you can't see all/most of the borders or is under the required size for the issue. See my Jell-O Mantle cards: N0 since they were cut poorly from a box.
AUTHENTIC ALTERED would be for regularly issued cards that have been trimmed or recolored, etc.
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PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
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