Needs a small bump up, easily sells for the high end. Logo > all. None on the market atm but several sales over the past 2 weeks.

http://www.tf2outpost.com/trade/10700948

Sold mine within 4 hours of putting the trade up for 1 bud, 1 key and 3 ref (22.6 keys, right up at the high end).

http://www.tf2outpost.com/trade/10150175

Offered Bubbles Sola Topi (15 keys) + painted Bill's (between 8 and 10 keys) + Crate 50 (6 keys at the time) = between 29 and 31 keys * 0.9 = 26 to 28 keys

Offered Bubbles Sola Topi + Painted Bill's + 8 keys = 2 keys higher than other offer = around 28 to 30 keys

Sold it + 3 ref for 1 bud + 4 keys + white Doublecross-comm (~6 keys * 0.9 = 5.5) = 1 bud + 9 keys. Proof: http://i.imgur.com/ueKGjRq.png

http://www.tf2outpost.com/trade/10721176

Sold to http://backpack.tf/id/76561198064231640 for 1 bud + Festive Huntsman (0.4 keys) + Festive Scatter (2.9 keys) + Festive Mini (2 keys) + Value of Teamwork (1.25 keys) + Air of Debonair (1 key) + After Eight (1 key) = 1 bud + 8.5 keys = 30 keys * 0.9 = 27 keys, or around 1.3 buds.

In conclusion, the three recent sales of this prove that this hat's quite a bit higher than is shown. The second trade's sale and offers at 1.5 prove the high end, while my own sale at slightly over a bud proves the low end, and the third link shows that all recent sales fit the range.