When you punch with nothing in your hand, you can see behind your shoulder. Not sure if this affects other versions. This also shows that you cannot see armour that you have on, as the armour would normally cover the shoulder, but it doesn't show when punching.
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Is this still a concern in the current Minecraft version? If so, please update the affected versions in order to best aid Mojang ensuring bugs are still valid in the latest releases/pre-releases. If this has been done, we can reopen the issue.
Keep in mind that the "Resolved"-Status on this ticket just means "Answered", and that we are waiting for further information on whether this issue still exists or not. We will reopen it as soon as the requested information has been delivered.
Confirmed for 14w18b.