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This hat has been dropping fairly quickly, and there are a startling number for sale at lower prices than this. READ THE PROOF BEFORE VOTING.
Let's start off with some personal proof: I owned one of these for a while, after buying it for a bud+ 13 keys, and eventually sold it for a gifted Max's (1.7.) I consider myself quite lucky. Please disregard all of my offers on these trades that I've listed as proof, i no longer want this hat and they are no longer valid.
FAILED SELLERS:
http://www.tf2outpost.com/trade/9339463 (Up for a staggering 3 MONTHS with a B/O of 2 buds, no offers above 1.7.
http://www.tf2outpost.com/trade/11696712 (no offers over 1.4 for 5 days)
http://www.tf2outpost.com/trade/10986227 (Up for a month, no offers above bud+ S. ulapool)
http://www.tf2outpost.com/trade/11629330 (Up for a week, no offers above a bud+ 14.)
SELLERS FOR LOWER THAN LISTED PRICE:
http://www.tf2outpost.com/trade/9531684 (selling for 40 keys, failed to sell for even 38 at one point)
http://www.tf2outpost.com/trade/11772175 (The one I bought, a confirmed sale for 1.6.
Thank you for considering the proof and voting accordingly! This 4-month old price needs a bump!