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Jim VBI get you.
I think, clearly, PSA got something wrong. They accepted some. They rejected some. That alone sends up a flag to me. My sense is that they were either all factory miscut or they were all trimmed. If they had bounced them all, it would be difficult to argue with them.
However, when Ted shows factory miscuts were common, and I add what I know about my own cards, I realize there is a good possibility that PSA got this card right and was wrong on the others.