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Todd (nolemmings)"authentic" was supposed to denote real and unintentionally altered, or undeceptively altered (like the 52 Mantle with a chunk missing).
Not to stir up an old pot, but I still see little wrong with them slabbing altered cards as authentic, so long as the flip states that it's altered. "Authentic-trimmed", for example, does not seem so confusingly diffficult that any novice might plop down an unreal sum for what he thinks is a bona fide treasure. As someone noted, they take your grading fee anyway, which is supposed to include the price of the slab, so why not slab it?
My $.02