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fkwId say there is glue on back or an area where glue used to be. I have seen many T206 cards with discolored faded spots on front where the glue on back soaked through and damaged (removed) the color on front. The reason I say it on this T205 card is because the gold border is also faded (on right side) exactly the same as the background where they meet.
The Walsh looks like a true color variation of somekind to me.
Frank