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I don't feel the previous suggestion showed enough evidence to support the drop, so I will be resubmitting the previous price.
previous suggestion used this link to show that it has sold for 0.66 -- http://www.tf2outpost.com/trade/9593746. while that is true, he was still offered 1.55 within a couple days of posting the trade.
previous suggestion used this trade as proof of 1.33 -- http://www.tf2outpost.com/trade/9631903 . It did sell for that amount, but it sold very quickly.
previous suggestion also showed two offers of 1.66 --
http://www.tf2outpost.com/trade/9891631 - offered in less than a day
http://www.tf2outpost.com/trade/9920746 - offered within 2 hours
from Hugh Jazz's suggestion --
http://www.tf2outpost.com/trade/9604581 - added rather quickly for 1.66
my own experience --
bought for 0.66 ( http://i.imgur.com/dhoit4t.png , http://www.tf2outpost.com/trade/9740594 )
sold for ~ 2.66 within a couple days, was also offered 2.00 ( http://i.imgur.com/0dMwWVW.png , http://www.tf2outpost.com/trade/9740652 )
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I understand there is not an abundance of proof for this item, but I feel that the argument for dropping the price to 1.33 is as strong as an argument for raising the price to 2.00. So, I am proposing to just undo the past suggestion. Feel free to post criticism.