I look at it this way: the bat presents really well, it's a nice bat and it's got Hugh Jennings' signature on it.
If you spent the money to have the bad signatures professionally removed, you'd have a nice bat that presents really well, with Hugh Jennings' signature on it. And you'd be a little lighter in the wallet.
In other words, I'd leave it as-is. It's a nice bat.
-Al
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