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As this hat is stagnant in a number of bp's I have been forced to use some trades as old as 1 year as proof. While outdated, I feel that doing that is justified as this hat has never had a "proper" suggestion. As always, overpay calculated where required.
Active Trades: (1 hat, 2 trades)
http://www.tf2outpost.com/trade/10535029 - Offer of Stormy BB (3.5 buds), offer of 4 buds, offer of Steaming AA + Orb Fire Copper's + Steaming Hoodie + Orb Fire Sultan's (0.9 + 0.5 + 1.1 + 0.7 = 3.2 buds)
http://www.tf2outpost.com/trade/8113744 - Offer of Misty Conquistador + 1 bud (3.6 + 1 = 4.6 buds), offer of PE Stovepipe + 0.5 (3.8 buds), offer of $200 (~5.5 buds) but I don't think it was genuine,
Expired Trades:
http://www.tf2outpost.com/trade/12873461 - B/O of 3.5 buds, sold for 2 buds + SF minigun w/ parts (2.9 buds)
http://www.tf2outpost.com/trade/7472111 - Lantern Tyrants + Scorching Baker for Hearts Chef + Burning Sultan (4.4 + 6.2 - 4.3 = 6.3 buds for Sultans ;_; )
http://www.tf2outpost.com/trade/7152355 - Sold for 4 buds
http://www.tf2outpost.com/trade/2956301 - Looking at the couple of trades after this, it sold for Beams Ketche + Steaming Phantom + Balaclavas are forever + other possible sweets (4.3 buds)
http://www.tf2outpost.com/trade/9765881 - Sold for duped Moon Cockswain + potential sweets (~3.7 buds), Offer of Flies Modest + Searing Mongolian (3.9 buds)
2.9 and 6.3 appear to be outliers. Easily obtains offers of at least 3.7 and sells up to 4.3. Feel free to critique.
That one with b/o of 3.5 sold fast. And that 6 is a clear outlier.
Sale of 4 pure is convincing.