Is this card really worth that????

I have never heard of this. Is this story true that someone paid $1k for a card and it took 30 years to be recognized as an error to make his money back? I see where he got the steep price also.


The following information was found at the OldJudge Auction site, Nov. 2008:
"Never seen before, the rear of the Cycle backed card shows Mathewson having lost only one game in 1908 rather than the 11 he lost and is recorded on every other T205 Mathewson known. The type on the back is extremely dark and clear and this is not a case of the type not coming out or a digit being rubbed out. The card was discovered by long time Indianapolis collector Ted Koch at a show in 1975 or 1976 and was purchased then for the princely sum of $1,000. The card has, as previously mentioned a fairly tough Cycle back, and there is a possibility that may have something to do with the error. At this time the card must be considered the rarest of T205 variations easily surpassing the “Hoblitzell”. The card has a worn upper left corner and a couple of minor specks in the gold border. No creases and a very nice appearing card.
Winning Bid $9,503."