Is Honored Heirloom legal in Standard, Modern, and Commander?

Honored Heirloom is legal in: Modern, Pioneer, Legacy, Vintage, Commander, Pauper, Historic.

Honored Heirloom

Q: What type of card is Honored Heirloom?

Honored Heirloom is an Artifact. Its oracle text reads: "{T}: Add one mana of any color. {2}, {T}: Exile target card from a graveyard. *After the Travails, Runechanters set about repairing twisted symbols of Avacyn as the first step in restoring faith in the Church.*"