I was skeptical at first, but apparently that is what happened. I never found a build sheet in my car, and it had another steering wheel on it when I bought it, but the owner gave me, what he said, was the ORIGINAL steering wheel. I have been told by former workers at the Baltimore Plant they remember the same thing, and that the RED steering wheels kept cracking and breaking. This was GM's fix. I'm reasonably confident this is true. When I was looking for my first car, I remember checking out a LOADED Lemans Blue '69 SS and it had the same wheel in it. But back in 1980, I wasn't looking for matching numbers cars, correct trim tags, and build sheets.
While attending an NCOA Convention years ago, the Senior Judge said he had seen this wheel in '69's also, (only in late-production cars) and explained it was a late season replacement. He had even parted one out with that wheel in it. So to answer your question, I'd confidently say YES!
Hope this helps!