My guess is that the "reserve" was $11K. Probably in the neighborhood of the value, but the "gouge" or "scratch-out" in the bottom of the jersey worries me although the overall eye-appeal is much nicer than the typical Fair or Good card.
The N302 is one of my favorite football issues (after '48 Leaf) and I always enjoy reading discussions about them and the opportunity to see and share images. Here are a couple of the favorites in my near set...