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The current range is scarier than the actual hat...
Classifieds (As of 5 PM EST):
1 at 1.33 ref, 1 at 1.88 ref, and 1 at 2 ref (On a different computer than usual so I can't attach a screenshot) :(
About a page of sellers on Outpost, but about 70% of sellers are selling for offers, have spells attached, or are uncraftable and untradable.
Unsolds:
http://www.tf2outpost.com/trade/24847049 2 at 1.44 ref
http://www.tf2outpost.com/trade/24732531 "backpack.tf prices", so not sure if that means the low end or high end.
Sellers:
http://www.tf2outpost.com/trade/24840451 1.33 ref, had an interested buyer but still has not sold
http://www.tf2outpost.com/trade/23501007 1.33 ref, unsold 2 months
Recent sales:
http://www.tf2outpost.com/trade/24722180 1.33 ref
As everything above 1.33 doesn't seem to sell, no one no longer sells it at 1.22, and 1.33 is the most common point for sellers and sales, 1.33 should suffice.