I've been monitoring the Natalie Portman autographs as of late waiting to see when a bunch of TPA'd and cuts showed up, and I stumbled across something a bit weird.
https://www.ebay.com/itm/NATALIE-PORTMAN-SIGNED-3X5-JSA-11X14-8X10-...
I found an autograph (that I'm 90% sure has been cut from a book) that has been "authenticated" by JSA. However, the item comes with a basic cert rather than an LOA. The JSA fee schedule doesn't even show the basic cert as an option for Portman. Does that mean they now consider this to have a sub-$200 valuation, or is this just something that high-volume submitters are able to do to save money?
Oddly I can't get the Cert. # to pull up anything on the website, but I might just be looking it up wrong somehow.