There aren't many trades involving this uncraft, so I only managed 3 proof, but it should be sufficient enough to proof my point:

Being offered 1.22 ref:

http://www.tf2outpost.com/trade/8313758 (also, assuming another guy offered a backwards ballcap for the crown)

Being offered 1.33 ref:

http://www.tf2outpost.com/trade/8150557 (sold)

http://www.tf2outpost.com/trade/7939053

Note: There is only 1 page of trades selling this uncraft crown and there were plenty of offers at 1 ref, which is why I placed the lower end as 1 ref. 1.33 ref as a higher range is fair as 1 trader sold his for 1.33 ref already and there were offers at that price.

In total, there were 5 trades, one crown was painted, 3 trades are as the one above, and the last trade received the same offer from one guy. Seems legit enough.