[freakhappy]

Some great opinions about the Cobb in here, but the fact is that nobody knows for sure. It seems like there is a reason that it is in GA holder and not one of the reputable grader's...

If this card was raw, I'm sure the opinions would not be as heavy on the side of being altered. The bottom edge looks like it could be a problem, but realistically there are so many shapes and sizes of T206's, how can anyone be close to 100% sure about this? I have seen T206's that look exactly the same in an SGC or PSA holder...the size doesn't look that bad.

That being said, there is no way I would purchase a high dollar card in a holder other than the big three.