It looks mid-level AU to me. Possibly over-dipped and/or cleaned, the surfaces appear dull in several places. The 1921 Peace is a keeper and this one is fairly nice with no major problems and could grade problem-free as an AU55.
Seems to have seen some circulation, AU58 Tough coin to grade because you have to disregard any flatness in the hair due to weak strikes for this year, this coin is attractive because it actually has nice hair detail
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