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Legality depends on the tournament format -- Persist can be legal in some formats and banned or restricted in others

Bloodbraid Challenger is simply a larger Bloodbraid Elf, so that automatically makes it a winner in my book

Buyers Often Prefer Raw Cards Graded cards are more expensive and less liquid

As per Heritage Auctions, the card in question is a Base Set Unlimited Pikachu card from the American Base Set published by Wizards of the Coast in 1999

Other Odd Misprints Many strange things have happened inside Magics printing factoriessquare-corner cards where the cutter never rounded the edges, diagonal cuts that leave the card shaped like a diamond, and even cards printed with debris stuck to them (including the famous fly on the card misprint)