Price Suggestion
Refined Metal
Submitted by 7
~$0.031
Unique Refined Metal
987 votes up
254 votes down
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Counter https://backpack.tf/suggestion/5f6cca2f5220d55632278fe8

First ref suggestion, hopefully it's fine lmao


Mptf key sales

https://marketplace.tf/items/tf2/5021;6

https://ibb.co/TPhH1GT


Common selling prices in the last 3 days at 1.85

Removing fees: 1.85 x 0.9 = 1.665, rounding to 1.67


Marketplace ref sales

https://marketplace.tf/items/tf2/5002;6

https://ibb.co/Hnjt5n8


Tons of sales at 0.05 in the past 2 weeks, 0.04 is looking pretty obsolete here


Paypal sales

Sale 1

https://forums.backpack.tf/topic/75969-%F0%9F%94%A5buying-keys-for-166-paypal-verified%F0%9F%94%A5/

https://backpack.tf/trust/76561198231082180


Looks like he bought 18 keys at 1.66 + 252 keys also likely at 1.66

Key price = 1.66


Sale 2

https://forums.backpack.tf/topic/75967-selling-330-keys-for-paypal-%F0%9F%94%A5-170-per-key/

https://backpack.tf/trust/76561199009042461


Sold 330 keys at 1.70

Key price = 1.70


Sale 3

https://forums.backpack.tf/topic/75889-h-4830-usd-paypal-b-tf2-keys-163-each-b-quicksell-and-discounted-items-and-inventories/

https://backpack.tf/trust/76561198061779536


Bought 478 keys for 1.63

Key price = 1.63


Sale 4

https://forums.backpack.tf/topic/75270-selling-keys-for-175-via-paypal/

https://backpack.tf/trust/76561198109375402


Sold 15 keys for 26 usd (1.73), 50 keys for 89 usd (1.78) averages about 1.75 which is consistent with the thread

Also likely bought 35 keys for 1.75

Key price = 1.75


Sale 5

https://forums.backpack.tf/topic/74526-wtb-keys-for-17-usd-supporting-eur-sek/

https://backpack.tf/trust/76561198043684553


3000+ keys for 1.70

Key price = 1.70


Sale 6

https://forums.backpack.tf/topic/62035-wtb-keys-17-each-100-trust/

https://backpack.tf/trust/76561198027426525


Bought 100 keys for 1.70, https://forums.backpack.tf/topic/74504-selling-tf2-keys-17-paypal/?tab=comments#comment-636640

thread here shows they were still buying at 1.70 in May, should be fine

Key price = 1.70


Sale 7

https://forums.backpack.tf/topic/75702-selling-160-keys-175-paypal/

https://backpack.tf/trust/76561198014404374


Sold 22 keys at 1.75, and about a bunch more at the same value

Key price = 1.75


Sale 8

https://forums.backpack.tf/topic/66758-buying-keys-for-171-usd-via-paypaltrusted-trader/

https://backpack.tf/trust/76561198063345374


Bought 500 + 838 keys at 1.71, user's steam profile confirms 1.71

Key price = 1.71


Key sales:

1.63

1.66

1.67

1.70

1.71

1.75


Keyprice in ref: 43.55 - 43.66 ref (43.6 ref)

https://backpack.tf/suggestion/5f6d42b562b60e202c3ee196

Updated 8 hours ago, classies look stable enough.


Converting into price per ref:

1.63/43.6 = ~0.037/ref

1.66/43.6 = ~0.038/ref

1.67/43.6 = ~0.038/ref

1.70/43.6 = ~0.039/ref

1.71/43.6 = ~0.039/ref

1.75/43.6 = ~0.040/ref


Mptf refined sales:

0.04

0.05


Cash sales support 0.04, while mp sales support 0.05.

Maybe a range here would be suitable, so will take the range for now.


Going with 0.04 - 0.05$!

    I know that the rules say to use cash -> keys sales as main proof for ref suggestions, but since they sell consistently at $0.05 on Marketplace.tf I don't really see why $0.05 couldn't be included

      but i did include it???

        you did, I was just saying

        As per mod advice, i will focus on linking keys and ref by focusing on the key sales and excluding the marketplace.tf ref sales at 0.05$, making ref a way to convert any item on the site to cash. - seVen, on the last refined suggestion


        same situation here, don't include marketplace sales because mods have explicitly said not to in the past:


        "Because refined moves so slowly, it's just not worth it from a time and energy perspective for highly reputable people to trade in refined. Refined moves most commonly on highly reputable sites such as marketplace.tf. People are willing to pay more for the convenience and added security. This additional value added is not part of the intrinsic value of the item itself and it certainly is not a value that gets transferred to all other items in the tf2 community, even keys." - Teeny Tiny Cat, here: https://forums.backpack.tf/topic/61165-refined-suggestions-and-site-usd-values/

          going by the provided cash sales, looks like ref is still $0.04. since this is currency idk if it can be refreshed or just keep the 1 year old price

            you can't refresh non-unusuals unless they are "high-tier", so no

              so 1 year old price then

                yes, non-unusuals don't get refreshed. regardless of the timespan.

                all of this stuff is in the rules

                  sad but true. at the same time it had to be done otherwise people would literally be suggesting pointless refreshes 24/7 (take craft weapons as an example, god knows how many people would try and refresh those every month if it was allowed)

        Me trying to figure out how ref is selling for .05$ 🤔

        I bought around 1700 keys (1.71$ each) last week and today/tomorrow i am gonna buy another 700 keys (1.71$ each again...)


        1,71/45 = 0,038 = ~4 cent


        Mp.tf sales the past 7 days (1.88, 1.88, 1.89, 1.88, 1.87, 1.87, 1.87 = ~1,877)

        1,877/45,50 = 0,041 cent = ~4 cent


        And as far as i am aware of the rules the only thing what matters is:

        avg sales price in USD / key price in ref = ref price


        I am not in range of 4.5 cent and neither is mp.tf :S.

          So when it comes down to it even though ref is selling in the majority at 5 cents. For it to be changed on bp.tf like you said it has to be by average key price not refined price on marketplace.

            back when i made this suggestion keys had dropped to about 42 ref, making everyone's bp tank in value (myself included) which prompted me to make this suggestion, where the 4.5 cents back then may have made sense to show the accurate value of everyone's bps. now, not so much, but ill leave this open just in case

              welp looks like ref is back to 4 cents

        He had ref in his inventory when he made this, price manipulator!!!!!111!11!11


          Omg reportd!!

            very funny and mature of you people

            srsly if u dont have anything useful to contribute to the suggestion why even comment?

              i am sorry

            ben hiim!!1!

              comedy gold

              its sarcasm. please stop the useless spam

            Why is this suggestion taking so long to go through, the new key price went through in like 1 1/2 days?

              Because it has a bigger economy impact. If this goes through then every tf2 backpack goes up in value by 12.5%

                I get that but but look at marketplace sales over almost the last month. Also it would be 25%, ref is 4 cents 25% of that is 1 cent, ref would go from 4-5 cents so in essence a 25% increase in value of the original value. WHICH IS CRAZY for a currency.

                  no, if this suggestion goes through the ref value will take the median which is 4.5 cents

                  tho it probably wont lol

                    That's actually pretty fair, although marketplace sales are pretty favored for 5 Cents. I can see them taking the median value.

                      Backpack.tf prices it's ref based off of keys sold for real cash (Paypal), not what ref sells for on marketplace.tf

                        Really, that's quite odd since on marketplace we have direct ref sales for irl money. Why would the key price need to be involved?

                          That's just the way it is, Backpack.tf has rules about using IRL cash to key sales divided by the key price in ref to find out how much ref is worth, not just what it sells for on a site

            i know it's not a valid proof, but according to key price at marketplace.tf ref price can be calculated as follows 1.86 / (410/9) ≈ 0.04

              Since key prices are going back up I don’t think this will go through. Market has stabilized.

                A REF SUGGESTION. H O W?