I will disagree with PSA being tougher on paper loss. I purchased an M116 sight unseen in a PSA 3. Paper loss was the only thing I didn't expect. SGC will grade paper loss up to a 30/2. Though the seller chose not to mention the paper loss, I still blame PSA for the misrepresentation. The grade goes against all of their self-acclaimed standards. My speculation on the Cobb is that it probably would make it into a 20/1.5 with SGC. Good luck!
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