Any other explanation rather than a reback?
 

This picture is just so nice I was wondering if there was any other explanation as to why the bottom of the photo is shorter than the mount. Will SGC or PSA encapsulate?

http://i60.photobucket.com/albums/h2.../Scan10424.jpg

Thanks

Photo was probably cut short before it was applied at the factory. I have seen this on original Old Judges and Kalamazoo Bats many times that were definitely not rebacked.

Not Unusual.

The printing paper (albumen) was/is very fragile and typically placed on a mount soon after developing the image. In the case of cabinets, the photo is almost always smaller than the standard cabinet mount on all sides. But on cards such as N172s and other smaller formats, the end product is typically one of many images in a matrix (24 card matrix on N172s) that were glued to a large mount or cardboard backing. This large matrix of images is then cut down to size to form individual cards. The cards that are on an outside border of the matrix can sometimes be found with the albumen paper falling short of the mount/cardboard backing.

any
 

agreed.
As always,Joe's elucidation is both clear and cogent.

best,
barry

Thank you much - I always appreciate the education.