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Judge DredAt the current bid ($410) it's still a good buy for a filler Cobb T3. I'm not sure if I agree with the assesment that it is one of the rarer cards in the set.
The seller did disclose the back problems and even though the damage seems worse than the item description the seller did provide a scan of the back. As Dan said, you better scroll all the way down to the scan of the back.