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MWA few questions:
(1) Do you remember how the seller portrayed the card? (besides what you've written above?) Did he mention anything about the card being "old" or "vintage?"
(2) What state is the seller from?
(3) Does the seller offer other vintage cards for sale or does he sell other (non-sports related) antiquities?
The bottom line is that I think you should probably be entitled to a refund or some form of compensation -- especially if the expectation was created that an original N172 was being offered. Adam is correct about "as is" -- it certainly does not provide protection against fraud; nor should it be used as an excuse for ignorance on the part of the seller.