Everything the seller said is more or less correct, except the part about being "super rare".
These Huebler Meucci Custom Cues come up on eBay every couple months and go for between $100-$400 depending on condition. That's not "super rare" or even "rare" - since I can pretty much find, and buy at a reasonable cost, just about any one of the cues from this line without much trouble just about any time I want.
As far as the back-story, I mentioned in briefly in my earlier answer above.
It goes something like Huebler had the rights to "Meucci Custom Cues", which is why Bob had to name his company "Meucci Originals", apparently.
I've also read this:
I am told that this cue was made when Bob Meucci was working in Paul Huebler's shop in Linn, Mo in 1973. But someone else says that this cue was made at Quality Billiards in Colorado after Bob left Huebler, thus the designation "QB...".
And from my notes from another contact:
This same line of cues were also built in Paul's shop in 1973 shortly after Bob Meucci moved to Colorado and started making them there. Later he stopped production and moved to Olive Branch and started Meucci Originals.
Apparently, according to Bob's daughter:
Huebler was making these and using the sticker even after Bob left and there was some sort of lawsuit or legal action by Bob to get them to stop.
I'll dig more up about this later when I have more time.