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Updating the old price.
NOTE: Overpay in unusuals is factored in my calculations by multiplying 0.9 by the average value (According to bp.tf) of the unusuals/items that were offered.
Link 1
http://www.tf2outpost.com/trade/10261020
• 1 week old.
Notable offer(s):
Eerie O. Fire Professional's Panama (~1.9)
Best offer: Professional's Panama KnifeStorm (~2.3)
Link 2
http://www.tf2outpost.com/trade/10031740
• 2 weeks old.
Notable offer(s):
Sold for lvl 7 max (2 pures)
Link 3
http://www.tf2outpost.com/trade/10092375
• 2 weeks old.
Notable offer(s):
Sold for 2 pures
Link 4
http://www.tf2outpost.com/trade/9415470
• 1 month old.
Notable offer(s):
Sold for Magistrate's Mullet with Cauldron Bubbles (~1.8 pure)
Conclusion:
This unusual can definitely sell for at least 1.8 pure or more. Highest offer ever reached is 2.3. So setting 2.3 as the high end.
Please provide me with counter-proofs if you disagree with my range :)