I find it interesting that a while back in the Black Swamp find, PSA realized they mislabeled the wrong Wagner cards and aggressively fixed the problem before any sale was made. See this thread:
http://www.net54baseball.com/showthread.php?t=153481
Now that a indisputably trimmed, multi-million dollar card has been sold and their liability is now enormous, PSA's silence is deafening.
If you look at PSA's Sport Collecting Glossary, here's what they have for
"trimmed"
A card that has been altered by cutting or shaving the edges. The most obvious reason for this is to improve the condition of corners, by removing the worn areas. Cards are also trimmed to correct centering problems. Cards that have been trimmed have very little value.
See this link:
http://www.psacard.com/Resources/Lingo/T
I also now understand the current owner doesn't even seemed bothered about the card being trimmed.
This hobby (or what ever it is) never ceases to amaze me.