It's very obvious that the scan of the Ruth auto used in the auction was cut+pasted onto the letter. Look at the shadow at the top of the cut signature - same shadow in the auction scan and same shadow in the autograph scan on the PSA LOA. Also, it is worth noting that the letter is dated 1999. If that PSA letter is really from 1999, wouldn't Spence have still been a signatory at the bottom of the letter?
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