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Only 2 recent sales, lowering this 0.5 keys :P
My friend owns one of these so I’m lowering his bp by 0.5 keys >:D
Sale 1:
Sold for a Phosphorous Heavy Duty Rag and a Green Confetti Backbiter's Billycock
(22 + 13)*0.9 = 31.5 rounding to 32 keys
http://www.tf2outpost.com/trade/25697817
http://backpack.tf/profiles/76561198104168501?time=1430204400 (April 28th)
http://backpack.tf/profiles/76561198104168501?time=1430550000 (May 2nd)
Sale 2: (outlier, quicksell)
Sold for an Aces High Human Cannonball
(17.5*0.9) = 15.75 rounding to 16 keys
http://backpack.tf/profiles/76561198118386997?time=1426489200 (March 16th)
http://backpack.tf/profiles/76561198118386997?time=1426575600 (March 17th)
Conclusion:
1 Sale at 32 keys, and one outlier at 16 keys. Taking the final price at 32 keys
The Phosphorous Heavy Duty Rag wasn't involved in Sale #1. It was the duped G Fetti Billycock + this: http://backpack.tf/item/2545966409
The Elfin was then re-sold for a Phosphorous Data Mining Light, which in turn re-sold for the Heavy Duty Rag.
However, it won't have a substantial impact on how that sale is evaluated, unless the Elfin has lost an appreciable amount of value since its last update ~1.5 months ago.