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If you haven't found one for sale, then you can't really set a price for it...
Have to disagree, higher than the steaming suggestion which is higher.
http://www.tf2pricecheck.net/Thread-PC-Circling-Peace-Sign-Liquidator-s-Lid
Take Tyrion's post with a grain of salt: he has an immense love affair with the hat (he's stated multiple times that it's his favorite hat).
I agree with your suggestion
This thing is fucking ugly, burn it and make it 12 keys