? about "authentic"

MCMLVTopps

I'm interested in a certain 12-panel stamp set that is PSA graded, but holds the grade of "authentic". While I am unable to get a close view of the panel, it appears that it should hold a numeric grade of some kind. What would cause this panel to only garner an "authentic"? I just don't see how this particular item is of such poor quality as to not recieve a rather decent grade.

ThoseBackPages

When it was hand cut someone probably "nicked" the dotted line, making it ineligible for a numeric grade

bobsbbcards

Even if not hand cut, PSA might give a panel an authentic grade if the perforations are "off" (i.e., outside the boundaries of where they are supposed to be) or missing as in some '69 or '74 Topps panels.

MCMLVTopps

Here are the eBay item #s (there are two panels up). It appears the left and right sides are without preforations, which look normal to me. I still don't see the flaw that makes these two panels graded authentic.

280 789 922 144 ($60)
280 789 919 426 ($35)

bobsbbcards

You probably want to check that second number. It brought up an auction for a Girl's Welly Sock (cute though).

The other panel looks fine. It's possible that the professional grader who looked at it didn't know that the panels OFTEN had non-perfed edges.

MCMLVTopps

Correct item # is 280 789 919 436