[drcy]

I don't know why a holder (or lack thereof) would make a difference in the pricing.

I'm not saying that from an anti-grading/anti-plastic holder angle nor saying there's anything wrong with wanting it in a labelled holder, just that the Young is more of an autographed photo (in cabinet card form) than a baseball card. Plastic entombment effects the prices of baseball cards not (in general) autographed photos, even when the photos are vintage originals and by famous photographers. An autograph LOA is usually sufficient for an an autographed photo to get get its full auction house value.