Yes and yes. Would lose some eye appeal collectors on the money side. Could lead to a reduction in grade or the rarer OF qualifier for Out of Focus, but that would be only if the card is a higher grade card; say maybe PSA 6 or above in the first place. Mid grade cards don't seem to get downgraded for registration issues as much.
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PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
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