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Proof: http://steamcommunity.com/market/listings/440/Strange%20Filter:%20Junction%20(Community)
2 sold for $0.24/1.15 = 1.77 ref
2 sold for $0.30/1.15 = 2.22 ref
For scm sales you should use both prices, with taxes and without (so you can have a range with only 1 sale). Here I would say its close enough since there are few low sell orders so focusing on the lower price is better anyways.