Posted By:
runscottHere's a link to one Billjo is currently selling (referred to as "Spalding"), and he says that his was neatly cut from a sheet. The SCD Guide says that they were issued in individual wrappers, which would mean to me that they probably weren't hand-cut. In any case, SGC grades hand-cut cards as long as the issue was only hand-cut - at least, that's my understanding.
Billjo's: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1829919833