[size=12]I agree with what Valerie said. The groove handles are the latest of the small logo types, and among the last skillets made by the company at Erie, PA, before it was closed in '57 and the name and logo rights were sold off.
Is it collectable? Boy, I sure hope so; I have enough small logo Griswold, at any rate. I haven't been to an auction in a while now, and I thought that the prices were pretty high at the last few I attended, but I see small logo pans (in good condition, of course) going for well over their blue book listing prices lately, right along with the other types of Griswold. A lot of collectors don't like this type; there seems to be a general feeling that more scrap iron was used at the foundry to cast the small logo pans than was used in the earlier pre-WWII years, but I don't know if this is verified or just rumor, and frankly Fe is Fe, whether it's coming out of the ground or off of the scrap pile.
I'd say you see more of it out there, too, generally speaking. Small logo and the smooth bottom Large Block logo pans are the most common types, and usually the least likely to sell for big bucks at sales. But, all of the asking prices are high now, so maybe this skillet would do well if you were to try to sell it, too.
Be careful not to get the skillets that have a slightly larger small logo, don't say "Erie, PA," and do say "Made in USA" with a size given in inches. Those look kind of like small logo Griswold, but were made by Wagner after they acquired the logo rights. They generally aren't considered to be collectable at all.[/size]