I think it's been known for quite a while that he trimmed that card. I don't think it will have any impact on the value. Altered or not it's still the nicest example of the most valuable card in the hobby, by a wide margin. Way out of my league, but 5 mil sounds like a reasonable estimate to me.
No one in their right mind would ever remove it from it's current holder. The card doesn't bring any where close to 5 mil in a PSA authentic, altered holder.
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