Considering the grade, and the fact that it's a Cracker Jack Cobb, I think a flaw like that can be expected and accepted. A bigger detractor for me would be the crease through Ty's face. I don't mind creases, and have many cards in low grade, but I try to avoid them if they go across the players face.
Ultimately, it's up to you. If that pink spot will bug you every time you look at the card and take away from your enjoyment, then maybe you can continue the search for an example that fits your bill. Good luck!
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