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Josh K.Ive erased several cards with art erasers and it has left no trace - you need to do it very slowly and carefully so as to not erase any of the print or take any of the paper off. Many times, my cards have recieved higher grades as a result. I have also tried to erase pen (knowing that it would never erase completely) and left obvious indentations in the card - it still graded (and graded what it would have had the pen been not been somewhat erased) but looked a bit more pleasing. There are numerous opinions out there whether erasing is an alteration or not - I do not believe it is (there are also a number of threads on this) much as I dont believe removing scrapbook paper on the reverse with water is an alteration. On the other hand, if you start using power erasers, using chemicals on cards or doing things like trimming or recoloring - that is definitely an alteration.