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You might be saying what?! this price is outrageous! Well no i have proof of this, it should be even higher
Selling at 7, overpay in unusuals ~ http://www.tf2outpost.com/trade/16621601
same guy Selling at 120 keys on classified ~ http://backpack.tf/classifieds/search/id/520064efba2536dd4c000003
Also Selling at 7 ~ http://www.tf2outpost.com/trade/16659982
Same person ^ bought it for SF knife,SF amby,Harvest Moon Backbiter's Billycock,Craft #11 flapjack,TS Bills,and Haunted horseman cape And Noh mercy
6.5~ proof of this trade : http://imgur.com/nNmCZN4
2 of 3 on market, both asking for 7~ reasonable price no? yup should even be more.
http://www.tf2outpost.com/trade/16136694 Here's another sale ruled an "outlier" in the previous suggestion at 5.4 bud
selling =/= sold m8
I may be a little biased as I own on but the last suggestion should not have passed.
On my old thread I had an offers of a Scorching flames bonk helm (3.5-4 buds), an offer of a vintage lumbricous lid (5.5 buds) and a discobeatdown private eye (unpriced but has been getting offers well above the current range for the hermes)
http://www.tf2outpost.com/trade/16382532
http://forums.backpack.tf/index.php?/topic/7-how-to-create-a-good-unusual-price-suggestion/
s.f.knife (20 keys) + s.f.ambassador (6 keys) + h.moon billycock (3.6-4.2) + flapjack (let's assume 4 keys) + bills (7 keys) + haunted cape (1.66 ref) + noh mercy (2 ref)
= ~5.6 buds, with buds @ 18.5-19 keys on December 1st.
And I don't know how you got ~5 as the low end for this suggestion, but that needs to be backed up by sales or real offers.