I've seen em go for more like the 1.66~ range

I have 4. They have been at 1.66 for weeks and have not moved. About to drop them to 1.44. There is no way this is a 2 ref hat.

Tried to sell one at 2 ref for well over a week and it wouldn't. Just ended up rebuilding with it and got a tricorne lol.

Now that the novelty of the "set bonus" has worn off this is back to being an unpopular craft hat, current price is fine

is this an attempt at making your bp more valuable?

Its a low tier craft hat.