A vintage Griswold or Wagner skillet usually sells for $30–$200, while unmarked and modern pans sell for $10–$40 — and a few rare sizes and early marks go for $500 and up. The maker's mark, the size number and whether the pan is flat and crack-free decide the price. Rust is cosmetic; cracks and warps are not.
Griswold (Erie, Pennsylvania, which closed in 1957) and Wagner Ware are the big names. On Griswold, the large-logo and early 'Erie' marks are worth more than the later small-logo pans.
Common sizes (#5 to #10) sell well for cooking. Small and very large sizes — a Griswold #2 or #13 — were made in smaller numbers and are where the collector prices are.
A pan that spins on a flat surface ('spinner') or rocks is warped, and hairline cracks often hide under rust. Both cut value dramatically — check the bottom and the walls in good light.
Old pans were machined smooth inside, which buyers love. Rust and old buildup can be stripped and re-seasoned, so they matter less than you'd think; pitting from deep rust does lower value.
Broad secondhand-market ranges to orient you — the exact value of your item depends on the precise model, edition and condition. Scan it for the real number.
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Griswold pans have the Griswold name or cross logo on the bottom with the size number and 'Erie, PA'. Unmarked pans can still be good pans, but buyers pay most for a clear maker's mark.
Many collectors prefer to restore pans themselves, and a careless cleaning can do damage. A light cleaning and good photos of the bottom mark and cooking surface are usually enough. Never sell a cracked pan as sound.
A pan whose bottom has warped so it spins or rocks on a flat surface. It's a significant flaw that buyers check for, and it lowers the price a lot.
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