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Well, 1.7 keys is outdated after the previous price suggestion 2 months ago
When you click on the stats/classifieds you will see the market is selling at between 1.49 keys(1key+ 8 ref) and 1.74 key(1key+12ref).
And still no one buying it, therefore i cant find any recent transaction for this item.
http://i.imgur.com/s5nCbbF.png
In tf2outpost
http://www.tf2outpost.com/trade/25201043 1 key 9 ref unsold
http://www.tf2outpost.com/trade/23431470 1 key 9 ref unsold <---the only item unsold in the trading post for 3 months :(
http://www.tf2outpost.com/trade/25114435 1 key + 11 ref for a week
http://www.tf2outpost.com/trade/25201867 1 key 12 ref unsold
I personally have one Strange Festive Flare Gun as well but I still think it deserve a drop due to the current market circumstances.
If i am wrong please correct me ^.^
Ouch.
That range is painful to look at
Kindly round to the nearest one decimal place
Plus I don't see any support other than the classified ads for your suggested price range
Classified ads can be used as support proof, but not as the main proof
You are right, I really cannot find a recent transaction for the main proof, as you can see one of the proof from tf2outpost remain unsold for 3 months.
However, I believe the suggestion can proof that no one is willing to buy it for 1.7 key since the market has many in stock selling below 1.7 key. Which also proof that 1.7 keys is probably outdated and a new price is needed.