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Judge Dred (Fred)PROVENANCE - It seems like this has got great provenance.
Great Provenance = Great Value
No Provenance = lesser value
I'd probably to find a nice holder for it. They sell the nice display grade top loaders for cabinets (or at least a cabinet will fit in these certain top holders). I'm not sure if sending it to SGC or PSA for encapsulation would help it.
Personally, I'm not sure how a grading service can actually encapsulate a cabinet of a player unless they (the grading service) could actually prove (without a doubt) it was the player in question. Players like Anson, Cobb or highly recognizable people may be the exception. This of course is only my opinion.