Definitely looks vintage, but not "Type 1". To be a Type 1 photo, it had to be printed from the original negative unless that lettering at the bottom right corner is applied to the actual print you have (run your finger across it and see if it's raised if you have any doubt). If it's "embedded in the image" then the photo can't have been printed from the original negative. Typically to get lettering like that in the photo, they would produce a print from the original negative, apply the lettering by hand using a white paint or something similar, then re-shoot the photo to produce a new (second generation) negative from which they could then produce prints with the lettering appearing in each one (saving them the trouble of hand-lettering each print).
If anyone has a different opinion, feel free to share, but I don't think you can truly call it a "Type 1." Still a nice piece, mind you, but the original question seemed to be related specifically to the Type 1 labelling.
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