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There should really be a range. This hat was excruciatingly hard to find evidence for, due to the small market.
Proof
------------
CLASSIFIEDS AS OF 7/12/2016 1:30 A.M. EDT
Buy Orders:
http://prntscr.com/brt5ju 3 buy orders for 1 ref
http://prntscr.com/brt65x 2 buy orders for 1 ref
http://prntscr.com/brt5u3 People willing to buy for around 1.11-1.22
Sell Orders: (thought there were some sell orders for it that were higher, but those were somewhat more higher than the price for this hat before I made this Price Submission. You be the judge)
http://prntscr.com/brt71n Sell orders for around 1.33
(this is the link to those higher price sell offers http://prntscr.com/brt7f6 )
Need sales to raise. Need unsolds to drop.
Can't have high end from sellers.
Can't have low end from buyers.
Downvote.
Well now that I understand how the prices on this work alittle more now, Ill be going after this post gets shut down by the admins, or when I have little reason to keep this post up, but before I go i'd like to say that the guy who suggested the price 1.22 didnt give any evidence whatsoever aswell
The previous suggester was assigning this to the random craft hat blanket. By definition, a hat cannot be priced under the random craft hat blanket value of 1.22 ref. So your low end is going to be too low.