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Alpha Sigma Phi does not have jeweled badges (they're prohibited per the constitution of the fraternity) and all badges are the same design except for the HSP (president) pin which is larger and resembles the original badge as worn in the 1850s. The HSP badge is the property of the chapter and is passed between presidents as the symbol of their office.
Back when I was initiated, the garden-variety 'Balclad' badge was about $25, (it's now around $50). I don't recall if there were 10K badges offered for sale to members.
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ASF
Causa latet vis est notissima - the cause is hidden, the results are well known.
Alpha Alpha (University of Oklahoma) Chapter, #814, 1984
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