Posted By: 
Dave HornishMac,
I am not aware of Topps doing any type of materials test involving fiberglass in the 50's.  Anything is possible  but was it possible to print 4 color process on fiberglass in '54?  I can't say after searching the web if it was technically feasible in '54; I know one color was possible (see any '54 Corvette) but unsure about multiple passes.  I'm also not sure why Topps would do such a thing at that point in time unless it was promotional in nature.
Do you know here the card is from?  Some 54's were printed in Maryland.