Yes, it's a true variation.
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1958 Topps - [Base] #30.2 - Hank Aaron (Player Name in Yellow) [PSA 3 VG]
Courtesy of COMC.com
Recommend you resubmit to PSA for dual grading and they'll put it in a slab with variation and grade the card. The card is authentic and around VG, IMO.
Oh, you may want to PM Leon and ask him to move the post to Post-War Baseball Cards forum, since your question was about the baseball card.