Little League World Series Championship Pin

You get to see a lot of different items up for sale on eBay, but this is one of the coolest.  It is a 1991 Taiwan Little League World Series Championship pin.  The description says, “Little League 1991 Taiwan Tassle World Champions pin.  Collectors know about this pin, no explanation necessary.”  I wonder what the story is behind it and why someone would want to sell something this special other than the price?