This was originally a paper label handkerchief can (contrasted with the plastic snap lid variation). I conclude this by the ridged reinforced lid which is common on the paper label variations.
This can is also different because it's a "1 city" can vs the "11 city" cans
Does not have the registered trademark symbol (®) next to the "King of Beers"
Finally, I believe this is the first variation because it only says 12 fl oz....and doesn't include the 355ml