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steve fClever scam. Paper cutouts from turn-of-the-century Reach, Spaulding etc. catalogues (authentic anyways). A slab, some pop rivets and a sticker and voila.. Instant grading company! Usually bought by newcomers to the hobby. Some wiser ones soon realize their mistake, then E-cycle 'em.
Sad to think how many naive folks bought and stored them, for when Jr. needs tuition money.