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This is one of those items that are polluted with paints.
Current range doesn't reflect market at all, 1.33 seems to be the most common price point and nothing above that seems to sell. Nobody asks for 1.44 either.
Selling:
http://www.tf2outpost.com/trade/21728215 - 1.33
http://www.tf2outpost.com/trade/21693138 - 1.33
http://www.tf2outpost.com/trade/20903353 - 1.33
http://www.tf2outpost.com/trade/21691142 - 1.33 (sold)
http://www.tf2outpost.com/trade/21712628 - 1.66 (1 day)
Can't provide 1.44 unsolds because there aren't any :v
1.33 sold is apparently the only recent one.
Need some more solds at 1.33
this is the whole market
Btw have you tried to price the Genuine version. Both are identical.
He's lowering he doesn't have to.