The chest model is incorrect in four ways. First, the models for the top and the inside have been swapped. Second, the hole where the latch should be is on the back, and split onto the top and bottom. Third, when opened, the latch is floating above the lid. Finally, there is Z-fighting under the lid.
NOTE: This happens to ender chests as well.
Thank you for your report!
We're actually already tracking this issue in MC-161338, so I resolved and linked this ticket as a duplicate.
If you would like to add a vote and any extra information to the main ticket it would be appreciated.
If you haven't already, you might like to make use of the search feature in the future to see if the issue has already been reported.
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