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As @ZenEdge noted above, this is a 1967 peacoat. It is also an officer's coat, or a reefer. It has the gold buttons as well as the loops on the shoulders to hold insignia shoulder boards. Chiefs are also authorized to wear this coat. Officers wear rank on the shoulders; Chiefs do not.
But all of this is moot as both officers and Chiefs are now authorized to wear the Bridgecoat. The Bridecoat was developed for officers as a watch coat over 100 years ago. Chiefs were more recently authorized to wear it–maybe during the 1950s? The first thing a Petty Officer First Class does when he makes Chief is to sell his peacoat and buy a bridgecoat.
But all of this is moot as both officers and Chiefs are now authorized to wear the Bridgecoat. The Bridecoat was developed for officers as a watch coat over 100 years ago. Chiefs were more recently authorized to wear it–maybe during the 1950s? The first thing a Petty Officer First Class does when he makes Chief is to sell his peacoat and buy a bridgecoat.