Up until 7am this morning, 23 of these had been bought across the month at prices between £14.46 and £41.10.

On the lower end of the scale, check out the past month of sales for an Unusual Glengarry Bonnet with the 'Dead Presidents' shower of dollar cash.

For other traders, it's a new opportunity to exploit. For some of those people, this is disastrous. I don't get it, and I don't like the serious traders driving up prices of wizard hats I might fancy, but I do recognise it as a thing many people enjoy for various reasons. I understand playing the Community Market is an actual job for some people, a way to help fund buying new games for others, and just a bit of fun for others still. That's part of what made skin gambling such a legal and ethical mess. The forbidden double-underground market of selling items off-Steam for real cash, rather than just store credit on Steam, is especially iffy. I find the Steam Community Market an odd and questionable thing, an underground stock market driven by speculators, manipulators, hoarders, and just plain weirdness. 'Real world money trades, although they've never been sanctioned by Valve outside of the Steam Community Market, are especially hazardous at this time.' 'It is currently not recommended to trade for anything at this time,' the thread warns, and many posters echo. With the current Crate oddity meaning many Unusual items are flooding the market, their prices have crashed. Steam items can be treated more as currency than actual in-game items to be used, a wad of digicash with a wavering value. Unusual items are highly desirable for their particle effects, and in Steam's weird market just being rare makes them valuable. In English: the game has many different loot box 'Crates', and specific ones seem to currently be giving Unusual-rarity items every time. 'WARNING/PSA Don't trade for any TF2 items at this time - a serious economy flaw exists where certain unboxes are guaranteeing Unusuals,' declares a pinned thread on Reddit's unofficial TF2 forum. But, y'know, if you do want yourself a nice hat. Some traders are trying to band together to slow the harm, uncertain if Valve will fix it. One hat that was selling for £60-127 in the past month, for example, is now common enough to go for £24. But because TF2 is part of the sprawling Steam economy of trading, hoarding, and selling items as much as it is a multiplayer FPS, this is sparking panic right now too. If you want some pretty particles, now's a great time for you. An apparent Team Fortress 2 glitch seems to be making certain rare items far more common than usual, those 'Unusual' items with unique particle effects.

How to get strange items in tf2