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As for disc brakes, it is very tough to tell, but it looks like a drum brake master cylinder after brightening up the under hood photo. Disc brakes were not very common on 68 A-body cars. Be aware that if it does have factory discs, 1968 was the last year they used 4-piston calipers. These are very prone to having leaking problems until they get re-sleeved.
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