If you want anything more than Authentic - Altered, go with a different company than PSA. They have the Altered Stock designation that this will most likely get as pressed inside a holder. Since the pressing could have been done to remove or hide wrinkles/creases, PSA normally returns this kind of damage ungraded unless you write *MIN GRADE AUTHENTIC/ALTERED* on your submission form.
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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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