Previous suggestion was 1.2 - 1.6 Buds, that's too low.

Proof:

1. Sold for Steaming Bonk Boy (~2.16 Buds): http://www.tf2outpost.com/trade/13895960

2. Sold for Smoking Tyrant's Helm (~2 Buds): http://www.tf2outpost.com/trade/14169475

3. Sold for Blizzardy Storm Napper's Repsite (~2 Buds): http://www.tf2outpost.com/user/161829 (check histories for both, clean swap)

4. Sold for Orbiting Fire Tin Gallon and Orbiting Planets Boron Beanie (first one priced at around 1.1 Buds, other is unpriced, let's just say ~2 - 2.2 Buds): http://www.tf2outpost.com/user/407689 (check histories again)

All sales are within two weeks as of today.

It's been sold for a pretty consistent 2 Buds, with some sales possibly being a bit higher than 2 Buds.

Range should be 2 to 2.2 Buds.