That's a very old flip PSA produced back in the late 90's. I don't buy them with those flips, but it's not because they may be fake. It's becasue the grading back then was worse than it is today.
#1 in 1959 Topps. Officially known as Assassin according to stanthemanfan 3/31/2014 and god of minor league basketball according to cammb.