Price Suggestion
Refined Metal
Submitted by manic
~$0.027
Unique Refined Metal
4 votes up
7 votes down
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Comments

This suggestion is made with the new refined metal pricing system ( https://forums.backpack.tf/index.php?/topic/61165-refined-suggestions-and-site-usd-values/ ).

Keys are currently 30 refined.


This suggestion is entirely based on marketplace.tf sales as I asked in the backpack.tf discord what people sell keys for and nobody responded :c


Sales:

Format: amount sold, price (real price after taking marketplace.tf's 10% tax off)


So far today:

756 x $2.06 ($1.85)

1337 x $2.07 ($1.86)

122 x $2.08 ($1.87)


Yesterday:

230 x $2.03 ($1.83)

338 x $2.04 ($1.84)

1301 x $2.05 ($1.85)

704 x $2.06 ($1.85)

38 x $2.07 ($1.86)


2 days ago:

336 x $2.00 ($1.80)

170 x $2.03 ($1.83)

668 x $2.04 ($1.84)

1206 x $2.05 ($1.85)


These prices are typical of how much keys sell for, before this there is just a lot more repetition.


1.80/30 = 0.06

1.83/30 = 0.061

1.84/30 = 0.0613

1.85/30 = 0.0616

1.86/30 = 0.062

1.87/30 = 0.0623


Whilst there could be some discrepancies about the USD price of keys, all of the possible prices divided by the amount of refined metal in a key round to 6 cents, so that is the price.


I'd appreciate anybody backing this up with what they sell keys for outside marketplace.tf, but I'd imagine the results would be the same as this.


(Please note that refined sales on marketplace.tf cannot be used as they limit who can sell refined. This means that the people permitted to sell refined have a monopoly and artificially keep the price high. If everyone was allowed to sell refined, it is likely the price would drop to around 6 cents)

    You can't base this on marketplace sales alone when paypal sales still occur frequently. You could make a case for including marketplace, but it really cannot be your only proof here.