Severe overcharging from my 72

Here's what i'd do in this order:

Check the battery to engine block negative cable, make sure both ends are clean and tight

The voltage regular ground from the factory was crappy at best. Run a ground wire from battery- to the voltage regulator body. Scuff up the body at a mounting bolt and mount it there, or add a little screw to the side of the regulator body and add the negative wire there.

Check the FLD wires at the alternator and make sure they're clean/tight, and trace them through the wiring harness if needed to check for any breaks/damage.

Check the bulkhead connector as well as the connection quality at the ammeter gauge behind the cluster.

Lastly, it could be a problem with the battery. Take the battery off, charge it to full, and reinstall it. If the same symptom occurs try another battery if you have a spare. It could also be a faulty alternator. I'd check all of the above first.
My only thought about the alternator is that if it were the problem wouldn’t it be stopped from cranking out too much power by the voltage regulator?