Scot I agree the question of how the card was cut isn't as important as whether or not it was scrap. It will be telling if more Schulte P350's surface but that could take time. As I said before most people wouldn't look at this front/back combo and think they have something scarce, so other examples could be around but have just gone unnoticed to this point.
Myself and several other collectors have been following the tougher P350 examples for several years. We share our information regarding these cards and when we see them for sale. Several cards in this group have not been seen is a public sale in years. (We could have missed one.) This doesn't mean they don't exist. We just haven't seen one yet. The same could be the case for the Schulte.
I think it's premature to categorize this lone example as an anomaly or scrap but it's certainly a possibility and worth raising the question.
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