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Originally Posted by Matthew H
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Matt, you are 100% correct.
I found this bit from the link you posted, interesting. I didn't realize that McNall did the submitting. I thought PSA was created specifically as a way of 'authenticating' the card and sweeping the trimming under the carpet.
"A few months after he and Gretzky bought the card, a new company -- Professional Sports Authenticator, now the hobby's biggest and most important card-grading service -- was born. McNall submitted the card for inspection and it was declared a PSA 8 on a scale of 1-10."