The 7,5 Hp Merc 75 was introduced in 1969 and it had the Thunderbolt phase maker ignition system.
It uses points in that system.
In 1974 and up the 7,5Hp (Merc 75) and also the 9,8Hp (Merc 110) had Thunderbolt breakerless ignition system.
In this case the year is not right, it might be a 1973...