Posted By:
andy beckerdan, perhaps i am not articulating myself properly.
the same condition (image, centering, etc) pin is worth more with the paper backing intact. that's not my opinion, it is a fact.
here's a couple analogies....
two excellent condition t206 cards (same card)....one has slight paper loss on the reverse, one does not. both are highly collectible, but the card without the paper loss is worth (value) much more than the card with paper loss.
even though both have the same eye appeal, they do not have the same value.
a more obvious example would be s74 white silks.
a silk with the paper back intact is worth (again, value) multiples of a silk without the paper backing.
even though both are collectible and both present the same.