First suggestion, so please keep the comments and constructive criticisms flowing. Some lessons are best learned with fire and brimstone.

There is an absolutely minuscule market for this hat, with only three sellers on Outpost, none of which are in the sellers' backpacks; one in the classifieds for 2 ref and none on bazaar.tf.

SOLDS for 2 ref:

http://i.imgur.com/EHYsuFb.png - 2 ref pure

http://i.imgur.com/E1TZqda.png - item overpay of 2.66-3 ref (due to the price range of the Specs)

BUYER for 1.77 ref:

http://www.tf2outpost.com/trade/21470416

BUYERS for 1.66 ref:

http://www.tf2outpost.com/trade/21558504

http://www.tf2outpost.com/trade/21761534

http://www.tf2outpost.com/trade/21739086

http://www.tf2outpost.com/trade/21785143 (according to the Google doc)

As far as I can see, a bump is needed, even if it is a conservative one. Additional proof is appreciated, counter-proof is accepted as necessary.