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Posted By: Peter Spaeth

Good to see you. It's a definitional thing I think -- Doug has posted that he doesn't think taking out a light crease that does not break the surface is an "alteration," thus no need to disclose it. As I recall when this subject was last discussed in depth, Doug had expressed the view that he thought the grading companies more or less shared the views expressed in the portion of the post I cut and pasted yesterday, and he indicated he would follow up with them, but I don't recall that we ever heard back from PSA.