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Two month old price. This hat deserves a little bump.
http://www.tf2outpost.com/trade/11038571 - 1 bud pure
http://www.tf2outpost.com/trade/11898912 - 1 bud pure
http://www.tf2outpost.com/trade/11165116 - Orbiting Fire German Gonzila (1 bud)
http://www.tf2outpost.com/trade/11165116 - Blizzardy Storm Backbiter's Billycock (1 bud)
http://www.tf2outpost.com/trade/12046903 - Steaming Tippler's Tricone + 8 keys (1 bud)
http://www.tf2outpost.com/trade/11165116 - Stormy Storm Glengarry Bonnet (1.1 buds)
http://www.tf2outpost.com/trade/11165116 - Blizzardy Storm Glengarry Bonnet (1.1 buds)
http://www.tf2outpost.com/trade/11898912 - Orbiting Planets Samur-Eye (1.1 buds)
http://www.tf2outpost.com/trade/11038571 - Nuts and Bolts Killer's Kabuto (1.1 buds)
http://www.tf2outpost.com/trade/10287976 - Overclocked Industrial Festivizer (1.6 buds. A bit too much if you ask me)
Are there any actual sales in your proposed range or just C/Os? Link 1&9 are the same, link 2&7 are the same and 3,4,6 and 7 are the same. It's a little misleading if you ask me.
http://www.tf2outpost.com/trade/11864790 - blizz geisha (15-18 keys) + 4 keys for this hat
http://www.tf2outpost.com/trade/11790386 - BO was 21 keys, sold for blizz mullet (21-23 keys, old price): http://www.tf2outpost.com/item/440/1725875648/147/5
http://www.tf2outpost.com/trade/11761308 - probably sold for bill's hat + 12 keys
http://www.tf2outpost.com/trade/12084584 - sold for 18 keys + allfather + sweets
http://www.tf2outpost.com/trade/11997472 - sold for black BMOC + sweets
All these sales below 1 bud, although there were offers of 1 bud on the other trades. When pricing unusual offers, take overpay into account. I don't see why the high price should be 1.2