What will hold it back is wear not the toning. I'm not sure how much of the hair and breast feather weakness on that coin is attributable to strike (not uncommon for "O" coins) v/ wear. If it is wear, probably more in the EF-45 worst case EF-40 range. If flatly struck, could definitely make AU. Seems to show some luster in your photos which is a good sign.
Note according to Numismedia there's no significant retail price difference for this coin in XF-40 v/ AU-50 (both $28) so either way you have yourself a nice higher grade Circulated Morgan dollar.
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