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Yeah so, initially people were listing it for 4 keys as it was a new item. Many of those were sold quick. Then as obvious the amount of these in existence began to rise, so people started haggling.
Now, 3 keys are instant trades, while I've seen people offering 2 Eerie keys too, which according to the current market is worth 2 normal keys.
Anything less than 3 is auto-hide.
4 is considered high but still gets sold albeit slowly. I personally think this is an optimum price for this object.
If downvoting, leave a reason, thanks.