Thanks, Adam and Leon for the kind words on the T3 Chase proof (with the Red Kleinow ghost image on the back, but that's for another day).
I'm not sure why SGC and CGC don't grade the ad cut-outs; as long as they're correctly labeled, what's the downside? I suppose they're not cards per se, but I know that SGC certainly has graded notebook cut-outs and schedules, and even the Derby Cigars issue which I believe were simply hand cut from Derby Cigar advertising if I recall.
For the most part, I'd want thin, hand-cut ad pieces slabbed just for their protection. Perhaps it's a slippery slope and that's why they're rejected.
