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4 months old price, definitely needs a drop.
http://www.tf2outpost.com/item/440,1661594814,378,5
http://www.tf2outpost.com/item/440,1684563795,30026,5
Sold for smoking TC (~4.6 buds)
http://www.tf2outpost.com/trade/11408019
Was "quickselling" for 4 buds
http://www.tf2outpost.com/trade/14220863
"Quicksale" for 5 buds (1 week unsold)
http://www.tf2outpost.com/trade/11299856
Was "quickselling" for 4.5 buds
http://www.tf2outpost.com/trade/11554847
Tried to sell for 6 buds unsuccessfully, had highest C/O of 4 buds, or lantren snaggle + 10 keys (~4.8 total).
Conclusion :
5.7 buds is totally outdated price, too many people try to quicksell their hats at 4-5 buds unsuccessfully. It doesn't looks like they got any good C/O's either. One of them finally sold for a smoking TC (~4.6).