It's deception on the sellers part with the back story. Regardless of how it's listed. My assumption is it's either a gullible/hopeful buyer or buyer wanting to flip it as original. The argument will be made that the "buyer should buy graded" which is very self serving. This card is clearly fake, the buyer has a responsibility to do some work and not rely on a piece of plastic. There are plenty of fakes in slabs too. This is really just someone willing to take a risk. Maybe it's the seller too trying to get some credibility in his stash of cards given him as a kid(yeah right). Next up Leaf Robinson or Goudey Ruth.
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"Chicago Cubs fans are 90% scar tissue". -GFW
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