The 1922 Hafner's Bread issue is one of the myriad offshoots of the "mother" E121 American Caramel set and in this example we see Hall-of-Famer Zach Wheat glowering at the photographer.  Hafner's is one of the more difficult backs in the E121 universe and this is one of but two graded at SGC, with only a 4.5 higher (and none at PSA). Nicely centered, some corner rounding is seen as is some soiling front and back.  The reverse is nice and legible.