Your statement is at the crux of the issue. While you're entitled to your opinion it's unlikely that you will ever be satisfied with how a free market economy operates. The statement, "at $1000+ over what it should be" indicates that you (and others) understand the value of a pin. You can determine the value of a pin (or anything else) for you, but a free market will determine the value of something over the long haul based on the perceptions, wants, and needs of a larger group of people.

As others have said, if high prices are perceived as outrageous the pins won't sell. If high prices are met with high demand, the prices aren't outrageous, just more than you're willing to pay and certainly more than you paid in the past.