HI to ya all..
I love older classic doubles and can understand the desire to use one to hunt with. But and that is a big BUT!!! why risk the damage when there are plenty of newer firearms around that are specifically designed to shoot modern loads unless you are willing to load lighter loads, shoot soft shot, and treat the old girl like the gem that she probably is? Just an old buggers rhetorical question to ruminate over and you have probably given that serious thought.
Given the above thought and you decide to take the plunge I wouldn't be timid to use 1 oz loads, over decoys, with a shot that is at least as dense as lead. Funny thing about having learned to shoot waterfowl with a beat up old, single shot, 12 gage, Stevens, lead shot and a poor teenager, you learn to be patient and shoot em close. I used to buy the cheapest 1 or 1 1/8 ounce number 7 1/2 shot, loaded for doves, and under 35 yards kill-em dead as dead can be on a consistent basis. This would be a mixed bag of teal, gadwall, mallards, spoonies, etc. On good days I would average just over one shell per bird if everything was going well (like dummy ducks landing in the decoys committing duckicide).
So I just hope that All American Model 21 isn't going to be used for a paddle........HAHAHAHA!!!! sacrilege!!!!!
As far as shot string velocity, plenty of ducks have been killed with 1100 ft/sec lead loads before the advent of modern 1200-1350 ft/sec loads. You just have to adjust you shooting to the lower velocity loads (lead).
Good luck in your endeavor trying to use the old classic.
Matt