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This item is not a large volume seller but it is definitely under priced.
August Sales Steam Market
# sold: 59
Avg paid: $5.81 USD
- Valve Fee: 4.94
Suggested Price 2 keys 6 ref
tf2Oupost
Unsold
http://www.tf2outpost.com/trade/22248434 2 keys 5 ref
http://www.tf2outpost.com/trade/22230788 3 keys
http://www.tf2outpost.com/trade/21596301 9 keys
http://www.tf2outpost.com/trade/22350791 3 keys
Sold
http://www.tf2outpost.com/trade/22340715 2 keys
so... wheres the proof for 2.33?
http://www.tf2outpost.com/trade/22248434 - Almost unbumped
http://www.tf2outpost.com/trade/22230788 - Badly Bumped
http://www.tf2outpost.com/trade/21596301 - Badly Bumped
http://www.tf2outpost.com/trade/22350791 - OK (Somehow)
Also, SCM isn't much of proof and keys aren't metal, 2.33 keys is a weird price.
59 people paid 2 keys 6 ref for this item
The rest of what passes for evidence on this site is very sparse as with most of the suggestions that are accepted here.
This item does sell at 2 keys and there is one sitting at 2 keys 5 ref. 2.33 is a very reasonable suggestion. 1.3 keys is just obviously too low.
where does 2.33 keys come in?? nothing here supports 2.33 keys. as well as you only have 2 valid proofs, NEITHER which support 2.33 keys.
This is my first suggestion and the price that I have put forward may be awkward. But. 59 people paid $4.94 USD for this item. That is a fact. The rest are nebulous trades. The one sale at 2 keys and one sitting a 2 keys 5 ref suggests that the price is somewhere between these two point. 1.3 keys to anyone with a shred of common sense is too low. 2 keys may be a better suggestion.
SCM cannot be used as proof for a price, only to support the price. Since you have no actual sales at 2.33 keys, this suggestion is invalid.