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Finally sold my hat for roughly 20 keys. give or take. http://puu.sh/479Dn.jpg. Calling it 19.5 for item overpay.
http://www.tf2outpost.com/trade/12682011- My old trade. Was offered an Orbiting Fire Mirror (17-20 keys. Rejected)
http://www.tf2outpost.com/trade/13341425 - B/O of 18 keys.
http://www.tf2outpost.com/trade/13599359 - B/O of 18 keys
http://www.tf2outpost.com/trade/13661737 - Wants roughly 20 keys.
CONCLUSION
The hat needs an adjustment. Its not 19-20 keys. Not many people are prepared to pay this. I was lucky. And if I was greedy, I believe I could've gotten an extra 3 keys (proof http://puu.sh/479Sc.png).
The hat is not impossible to sell at 19-20 keys. But DAMN are people finding it hard. I doubt its even this price, but if I can sell for this price, I'm sure its feasable. The low end DOES need to be lowered however.
Did I mention its a 5 month old price? Its a 5 month old price
Second link lowered to 17 keys. This is probably generous.