Something to remember about PSA Pop Reports: they didn't break out the backs on T206 by manufacturer until about 10 years ago. So some may just be marked T206 Birdie Cree and happen to also have Cycle backs. Those who had them graded early on would have had to pay PSA to reholder their card with the Cycle information to have it show up in the right place on the Pop report.
Also, many T206 collectors do not grade their cards. Even some working on various rarer backs, or back runs of certain players. So you can make some inferences, but they'll likely be clouded by doubt. Cree isn't a HOF'er, so it's not like a lot of Poor condition cards would be sent to PSA for grading, further skewing the Pop Report as a representative sample of cards out there.
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PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
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