Yep, I guess it's grayscale.
identify -verbose mudd.jpg
mudd.jpg JPEG 640x480 PseudoClass 256c 60kb 0.040u 0:01
Image: mudd.jpg
Format: JPEG (Joint Photographic Experts Group JFIF format)
Geometry: 640x480
Class: PseudoClass
Type: Grayscale
Endianess: Undefined
Colorspace: Gray
Channel depth:
Gray: 8-bits
Channel statistics:
Gray:
Min: 0 (0)
Max: 255 (1)
Mean: 0.10625 (0.000416667)
Standard deviation: 4.25284 (0.0166778)
http://www.cit.gu.edu.au/~anthony/graphics/imagick6/