This Morgan is from 1886 and has strong PL fields, it is not in a pcgs holder, although it may seem that way
The obverse looks like it has a nice amount of frost, but the reverse might not have enough to net the coin a PL grade, IMHO. Beautiful coin regardless!
1886 is actually one of the common Philly Morgans in PL. A 63PL goes for somewhere around $125, a 65PL would be around $250. Hard to tell frost breaks vs. hits from that pic, though.