You can buy an AK-47 Redline for $20. You can also buy an AK-47 Redline for $20,000. They're not the same item even though they share a name. The first is a high-float Field-Tested with no stickers. The second is a low-float Factory New, StatTrak, with four pristine Katowice 2014 Titan holos crafted on it. Same skin design, 1000x price difference.
CS2 skin prices come from six factors stacked on top of each other. None of them alone explains a skin's value; together they're predictable enough that experienced traders can price a skin within 10% just by reading its attributes. The six factors are rarity tier, wear, pattern, special variant, stickers, and supply/demand. Each one can multiply or destroy the others.
The first factor: rarity tier
Valve assigns every skin design a rarity tier when the skin is created. The tier is fixed for that design β it doesn't change based on market conditions or popularity, just based on Valve's classification. The tiers, in ascending rarity, are Consumer, Industrial, Mil-Spec, Restricted, Classified, Covert, Contraband, and the special category of knives and gloves.
In rough price terms, Consumer-grade skins start under a dollar. Mil-Spec runs from about $1 to $20. Restricted (purple in-game) covers $5 to $200. Classified (pink) lives between $30 and $500. Covert (red) β the top tier of normal case skins β runs $50 to $5,000. Contraband is currently just M4A4 Howl and a small number of other items that were retired from the drop pool; they start around $5,000. Knives and gloves have their own pricing, from $100 to over $100,000.
Within a tier, individual skin designs vary in popularity. An AK-47 Vulcan (Covert) sells for more than an AWP Pink DDPAT (also Covert) because more people want it. Popularity isn't classified in the same way as rarity tier β it emerges from the trading community over time.
The second factor: wear
Every individual skin has a float value from 0.00 to 1.00, which determines its wear tier (Factory New through Battle-Scarred). Within the same skin design, Factory New is typically 2 to 10 times the price of Battle-Scarred, with the in-between tiers fitting on a curve.
Approximate multipliers, using Factory New as the baseline: Minimal Wear runs 0.5x to 0.8x, Field-Tested 0.2x to 0.4x, Well-Worn 0.1x to 0.2x, Battle-Scarred 0.05x to 0.15x. These vary by skin β some skins look great even in Field-Tested (so the discount is smaller), some look terrible even in Minimal Wear (so the discount is larger).
Within a wear tier, lower floats command additional premiums. The relationship is roughly logarithmic β small float differences in the middle of a tier don't matter much, but extreme floats at either end matter a lot. A 0.000x AK Vulcan sells for many multiples of a 0.06 Vulcan, both technically Factory New. The full mechanics of float pricing are covered in the float values article.
The third factor: pattern index
Most skins have a pattern index from 0 to 1000 that controls how the texture is mapped to the weapon. For most skins, the pattern is purely cosmetic β different patterns look slightly different, but they all sell for roughly the same price. The pattern is just one more random variable that doesn't matter much.
For a small number of pattern-sensitive skins, the pattern is the dominant pricing factor β more important than float.
Case Hardened skins β AK-47, Karambit, Bayonet, and others β have certain patterns ("blue gems") that show large blue surfaces on the weapon. The blue gem AK-47 Case Hardened pattern #387 is the most famous example, but several others also command premiums. A blue gem AK Case Hardened can sell for 50 to 100 times the price of an ordinary Case Hardened in the same wear. Less-extreme "mostly blue" patterns get smaller but still meaningful premiums.
Fade skins β Karambits, Glocks, Flip Knives, others β price on "fade percentage," which describes how much of the pink-purple gradient is visible on the blade. A 100% fade (full coverage) sells at 50 to 200% premium over baseline. 90 to 99% fades get smaller premiums. Below 80%, it's just a regular Fade.
Doppler knives have phase-determined colors. There are four common phases (Phase 1 through Phase 4, with Phase 1 pink and Phase 4 purple-pink) and three rare phases: Ruby (red), Sapphire (blue), and Black Pearl (multi-color). Ruby, Sapphire, and Black Pearl sell at 3 to 10 times the price of a normal phase. Each common phase has slightly different demand patterns β P1 and P4 are usually most popular.
Marble Fade knives have distinct named patterns like "Fire and Ice" (red and blue) and "Tricolor" that command serious premiums. A Fire and Ice Karambit Marble Fade is worth several multiples of an ordinary pattern.
For all these, two skins of the same name and wear tier can vary in price by 10 times based on pattern alone.
The fourth factor: special variants
StatTrak is a kill counter that tracks confirmed kills with the weapon. It's an independent attribute that's set when the skin is created β you can't add StatTrak to a non-StatTrak skin later. The StatTrak version of a skin typically sells at 1.5x to 3x the non-StatTrak price, with higher premiums on popular skins (AK-47, AWP) and lower premiums on niche items.
Souvenir is a different category entirely. Souvenir skins are dropped during Major tournaments by viewers, and they come with stickers from the tournament permanently applied β these stickers can never be removed. The price of a souvenir skin depends heavily on which tournament, whether it has "gold stickers" (MVP-marked from that match, which are rare), and the underlying skin. Older tournaments (DreamHack 2014, Cologne 2014, Katowice 2014) produce souvenirs that have appreciated dramatically as those stickers became scarcer. Modern souvenirs are often worth less than the normal version of the same skin because the modern stickers reduce desirability.
The two don't combine β there's no such thing as a StatTrak Souvenir. They're mutually exclusive variants of the same underlying skin.
The fifth factor: stickers
Stickers applied to a skin can add anywhere from $0 to $50,000+ in premium, depending on which stickers, how scratched they are, the placement, and whether they form a matched set. The full mechanics are covered in the sticker craft article, but the headline is that sticker value can dwarf the underlying skin value entirely.
A common AK-47 Redline ($25) with four pristine Katowice 2014 Titan holos becomes a $50,000+ skin. The skin is doing very little of the work in that valuation.
The sixth factor: supply and demand
The final layer is market dynamics. Skins from retired cases appreciate as the case becomes harder to obtain. Skins from active drop pools depreciate as new supply enters daily. Popular streamer or pro usage can spike a skin's price overnight β when a major content creator switches loadouts to a particular skin, demand multiplies for weeks. Game updates that change visual appearance shift values. Macroeconomic factors β most notably crypto market sentiment, since many large skin holders also hold crypto β affect the whole market in coordinated ways.
Several specific dynamics matter long-term. The case-pool rotation every few years discontinues old cases and ratchets up the value of skins inside them. Souvenir packs from old majors are unobtainable now β remaining souvenirs only get rarer. Sticker capsules from old majors sold out long ago; their stickers can only appreciate.
Putting it together: pricing a hypothetical skin
Take an AK-47 Vulcan, StatTrak, Factory New at float 0.04, with four pristine Katowice 2014 Titan holos in a matched-set quad-craft.
The base AK-47 Vulcan in Factory New runs roughly $1,500 β Covert tier, popular skin, mid-range FN demand. StatTrak adds about 2.5x for popular AKs, taking us to roughly $3,750. The float of 0.04 is meaningfully better than the typical FN, so add roughly 10% for the low float, bringing it to around $4,100. Then we layer on the stickers β each unapplied Katowice 2014 Titan holo runs around $15,000 to $30,000 currently, so four of them sum to $80,000+, and the matched-set quad-craft commands a 1.5x to 2x premium on top of that for collector demand. So the sticker premium alone is somewhere in the $120,000 to $200,000 range.
Final estimated value: roughly $130,000 to $200,000, depending on exactly how the market values the specific Titan-team stickers, the float, and the placement.
A regular AK-47 Vulcan in Factory New with no stickers and no StatTrak: $1,500.
Same skin name. 100x price difference. This is why every CS2 trade requires verifying the exact item β its float, its stickers, its variant β not just the name.
How to estimate a skin's price accurately
Steam Market is the first stop for any baseline. It shows current asking prices and recent sales for the exact skin and wear combination. The prices on Steam Market are usually 10 to 25% higher than skin trading sites because Steam Market charges 15% in transaction fees that price into the listings, and because Steam Market money can only be spent on Steam.
For pattern-sensitive skins, the Steam Market price is just the floor β the actual price depends on which pattern, which you check through the item's inspect link or one of the pattern-specific community databases.
For sticker-crafted skins, you sum the stickers' current values, apply a craft multiplier based on whether the craft is matched-quad or partial, and add it to the base skin value. The craft multiplier varies enough that it's worth checking comparable sales rather than guessing.
For top-end items, recent sales on float-checker sites and trading forums are the only honest reference β the Steam Market liquidity is too thin for $10,000+ items to have meaningful price discovery there.
Common mistakes
People overpay for high-float Factory News when a low-float Minimal Wear would look almost identical for less money. People underestimate sticker value β they see a $50 skin and don't realize the four stickers on it make it a $5,000 skin. People assume all Dopplers are equally priced, when Ruby Doppler and Phase 1 Doppler are completely different items. And people trust screenshots of items without verifying the actual trade window, which is where the lookalike scams happen.
When you're ready to buy or sell, SkinsWave's marketplace shows the float, pattern, sticker breakdown, and any premium pricing on every item, so you're not guessing at any of these factors.