I was fortunate enough to have been doing marketing work for SGC when this collection came in for grading. At the time, I was producing Collector magazine and got to work on an article about it.
My understanding is that Mr. Carter began collecting in the 1930s, and the first set of his that was fairly universally spectacular, condition-wise, was his 1938 Goudey set. That set was sold whole, and is still intact on the SGC Registry.
The sets earlier than 1938 had some condition issues, as he had to trade for or buy those cards. Obviously, some of those wound up being altered, as was the case with a lot of cards from back in the day, when a slight trim wasn't done to deceive.
My understanding is also that some of the sets and single cards in his collection were kept ungraded and sold that way. The T206 set was sold in SGC holders, if I recall, so this example must be a crossover. Pretty cool that PSA kept the Carter pedigree.
-Al
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