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5$ on Mann Co Shop.
GG
Sold for 1.66
http://imgur.com/g0RZ1Nc
http://imgur.com/Vf7McWP
Conclusion: Before you say something stupid like "Not enough proof, downvote", take a look on the market first. This thing is so rare now. Demand > Supply because supply of craft hats went down and it's reasonable for this thing to rise.
Feel free to counter / support my proofs.
Hmm.
http://www.tf2outpost.com/trade/21092522 - 1.22 ref - unsold after a day?
http://www.tf2outpost.com/trade/21090504 - 1.33
http://www.tf2outpost.com/trade/19417966 - 1.33
http://www.tf2outpost.com/trade/20391437 - 1.22
http://www.tf2outpost.com/trade/20806182 - 1.33
Hmm. Not really the most solid evidence here and seems this doesn't quicksell even at 1.22
You are right, I will close this and find more proof.