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Sellers:
http://www.tf2outpost.com/trade/25972773 Backpack price.
http://www.tf2outpost.com/trade/26026913 Backpack price.
Sold:
http://www.tf2outpost.com/trade/26009247 1.88
Small market. Very few explicit prices.
http://www.tf2outpost.com/trade/25983669 - seller at 1.77
Pretty sure you can't use "backpack.tf prices" to set a range. Would go with 1.77-1.88.
Backpack price sellers would sell for at most 1.66 right now which counters that range though. I went with the broad range because the seller situation is iffy and I didn't have a seller at 1.66 explicitly. It's a mess but still more accurate than the old one.
Don't think it should increase to 1.88 by just one sale, it still looks fairly easy to buy at 1.33
Less than 1 page of valid sellers on OP
First five listings on the classies:
http://i.imgur.com/40CK5BZ.png
x1 at 1.5 (6 days unbumped)
x1 at 1.77 (7 days unbumped)
x1 at 1.88
there are only 3 buyers on outpost, found one that bought this for 1.33 and didn't close his trade, the other two buy it as a craft hat, i think 1.33-166 range is fine
http://www.tf2outpost.com/trade/26025273
Buyers for 1.33 support its removal from the range.
Indeed. Setting a new, higher low end proved too difficult to push through however since there's no sellers explicitly at 1.66 and I can't make assumptions. I'll treat that one guy having bought one as a sold. The range will close later as the evidence situation improves, this is still better than the old range however.
http://www.tf2outpost.com/trade/26040894 second sale. :)
http://backpack.tf/vote/id/55723345b98d881e348b4579 - another sale here.
Probably best at 1.66-1.88, but I'm okay with a conservative range.