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Other than the bezel being a bit worn, I don't really see any big issues with it for a -78 Speedmaster. I've seen a few of them with these, for lack of a better term, thicker font B2 Bezel iterations so it would not worry me. But I'm only speaking for my personal opinion when studying a watch for my own wearing. If you want a collector grade example, this is not where I'd start.
What could be a concern though, is the dial. That dial, if it is in fact not a stepped dial (better photos would be needed), IIRC it looks to be what should be on -74 or very early -76 examples. If the case back is a -78, I may be suspect of it, or it could be as simple as the case back is a service replacement or even the dial was replaced at some point. Hard to tell without more photos and with many of these old Speedmasters, knowing more about watch's story can help understand what may or may not be bogus replacement components.
Wrong bracelet but this is worth much more than the period correct one. 馃榾
resell this to buy a 1170 and you still have some money left.
I would be curious to see what the bracelet actually is...I bet it's not actually a valuable 1039, but it would be nice if it is. Looks too shiny and wrong shape links, from what I can see, which admittedly isn't much.
The bezel, while being correct, is not a good example.
The dial has problems with the markers. I don't know if they have been adjusted, or something has affected all the markers.