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I Guess here's where I make a Joke.
Proof:
http://www.tf2outpost.com/trade/19369101 Selling for 1.5
http://www.tf2outpost.com/trade/19325562 Selling or sold for 1.5 (not sure, but he was selling)
http://www.tf2outpost.com/trade/19368019 Selling for 1.5
Classified:
http://backpack.tf/classifieds/search/id/52d52d974dd7b85f5c8b4567 Only one selling and selling for 1.5 buds.
Unsolds:
http://www.tf2outpost.com/trade/18157605 Selling for 1.7, No luck after 2 months
http://www.tf2outpost.com/trade/19184466 Selling for 2 buds, no offers after a week.
That sums it up, please be nice in the comments.
http://www.tf2outpost.com/trade/19325562 - Appears to have sold for 1.5
;)
Should 16 stay in the range then?
There's no proof for or against it, I guess this is more of a conservative drop.