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Many B/O's at 2. It's no longer selling at 1.8.
http://www.tf2outpost.com/trade/17377504 Sold for an aus. Mini (2.2)
http://www.tf2outpost.com/trade/16861028 sold for a power surge bonnet *BONNET WAS OFFERED ON BONK NO OVERPAY* 2.2
http://www.tf2outpost.com/trade/16998531 sold for an australium medi-gun (~2)
http://www.tf2outpost.com/trade/17459141 Sold for Nuts Tossle (I've owned 2 bought one for 27.5 and sold 2, one for 27 pure and 1 for 28 in items) + 1 bud in sweets, sweets are listed in the trade. (~2.4)
iz gud + 1 solid proof
http://www.tf2outpost.com/trade/17067115 - sold for 2.4 after overpay
http://www.tf2outpost.com/trade/17377504 - you need to apply overpay on the mini and you can't value it higher than its b/o which was 2
All the b/o's at 2 actually hurt your suggestion since people with b/o's at 2 usually bought the hat for less. But after looking into it, this hat has had a b/o of 2 many times in the past and every time it seems to sell for its b/o fairly quickly.
http://www.tf2outpost.com/trade/17416223 - this one has been up for 2 weeks but it seems like he just hasn't been able to pull the trigger fast enough on offers that even meet his b/o in pure
It does seem like this sells easily at 2 and can sell for up to 2.4