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Posted By: Ted Zanidakis

The texture of the edges in the enlarged pix indicates it's an original card that had it's Old judge strip at the bottom cut
off (traces of this strip are evident).
I have had a few such N162's and several also had their backs de-laminated. De-laminated backs on these cards are not
unusual. As many of the N162's were glued in photo albums and in the process of removing them, their backs separated.

It is definitely not a "cut-out" from the A36 album

TED Z