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JimBAccording to the book, Bill Hughes, PSA grader at the beginning and periodic high-end card dealer graded the card for PSA. He is quoted in the book as saying,
"I am aware it was part of a strip. We were aware of this when the card came to PSA and I graded the card. This particular card was obviously cut, but if it had been a discusting card that was cut, of course we would have graded it 'trimmed'. This card was fresh in every way, brand new looking in every way....Because of the freshness, the great color, the white borders, you know, the card basically looked new. It looked like a card that had come out of the factory and was never packaged, no tobacco stains, nothing wrong with it whatsoever. By virtue of that, the card really warranted being graded as the best example..... THis card is so outstanding, it would have been sacrilegious to call that card trimmed and completely devalue it. Just look what it has done for the hobby." p. 195 in The Card.
JimB