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#8
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I published a post about this very topic today on my site. The MC qualifier definitely affects value, but it varies based on eye appeal. I've found over time with selling T206s that collectors as a whole really dislike having some of the name cut off, so those cards definitely take at least a 2 grade hit.
With just a back mis-alignment, I would value is slightly less than a 4, but I know other people would value it much less. I paid about the going rate for a Cycle in PSA 3 for this Schmidt, and feel like I got a great deal because I love the card. Also sometimes the MC qualifier is given to a card that has a partial name on top, and those can sell for as much or more as a card without the qualifier.
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