Yeah, hold off. It's not a playing days card, and it's not from a largely popular set, so I'd expect the card to just stay about the same for a while. If you want to buy it because you like it, the holder shouldn't stop you. But why wouldn't you like a VG-EX one instead? It will be a fraction of the price and still present well.
As to whether you should crack your Jordan RCs out in hopes of a better grade, you'd have to post clear pictures of them. Just theorizing about it does no good. But if they were graded long ago, the consensus is that almost all grading card companies are more strict than they were 10-20 years ago. So my default answer would be no. If they are 1985 Star cards, only Beckett will grade them, so don't crack those out. All grading companies will also accept crossover (other company holders) or review (their own holders) submissions to try to improve your grade without the risk of the card getting a lower grade or a trimmed/minimum size assessment after cracking it out.
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PWCC: The Fish Stinks From the Head
PSA: Regularly Get Cheated
BGS: Can't detect trimming on modern
SGC: Closed auto authentication business
JSA: Approved same T206 Autos before SGC
Oh, what a difference a year makes.
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