Assuming that the FDC was previously cancelled on day of issue (which is what makes it an FDC), then it would be no different than sending a letter that was already cancelled through the mail.
I guess it would depend on the PO worker that saw it going through the system to pull it. They either never noticed or didn't bother.
The fact that it has no additional cancel is not surprising either, as the cancelling machines now use scanners and would not recognize a 1977 stamp.
Now, having said all that, I recently sold some items on
ebay and since I happened to have some older Canadian cachet envelopes lying around from the 70's, (never used/no stamps attached), I used some of them to send my items.
I was curious as to what the recipient would think. It was perfectly legit, because I used the proper postage amount. What else to do with these?
Coincidentally, that isn't what you received is it? In my case, the stamps did not match the cachet and were NOT cancelled on day of issue.