"if a high note IS produced, there isn’t and cannot be any masking going on."
Not quite so easy. What if that note/portion of the band, reproduced just a bit quieter so as not to stand out as much? Even a couple tenths of a dB could be notable.
The volume of the frequency response associated with an amplifier’s power depends on the impedance and this varies across that of a speaker. This could be on the order of a few dB. The lower the amplifier’s output impedance, the less variation there will be in volume across the band.
If you read the speaker review testing in Stereophile Magazine, you will see that they test at fixed resistances, but also a simulated speaker load. While the static resistance loads are flat over their frequency range, the simulated speaker can be all over the place. The lower the output impedance of the amplifier the flatter this curve will be regardless of speaker load. Perhaps this one amplifier’s output impedance interacts with the speakers impedance giving a dip right where you want/need it (symbiosis).

