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PaulI took another look at my M101-1 Collins and the photo is identical, right down to the Chickering copyright. The E107 is also the same photo, but cropped differently to avoid the copyright notice.
I agree with Scott that the rough cut is a little troubling. But, for there to be a problem, someone would need to have or make a copy of the Chickering photo and then glue it to a period mount. Certainly, that's very possible. But you'd think the forger might select Cy Young, rather than Collins, and would not have trashed the photo so bad.