If the card was ever in a screwdown holder, it got pressed in such a way that PSA considers altered because it could be used to press out wrinkles/creases.
Did you shine a blacklight over it? Could also be color added.
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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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