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MattJK - I don't even see how it could get a 30, let alone a 40. I have a few vintage cards with pristine fronts (a few very difficult T205s with NM fronts) but they have a small amount of paper loss on the back and got nailed with 20s.
Steve - that's just seems odd to me; I'm certainly no expert on vintage cards, but all the auction results I've seen for D350-3 have ended less the book value for E121s (series of 80; the sister set). Even the Ruth, which has him pitching in a Red Sox uniform while being identified as a member of the Yankees in an SGC 30 went for less then $1500.