The rank "pins" are a graphical indication of your rank. You are correct that they follow a Roman numeral-like system. (You can imagine wearing a Jacket with these pins on)
Gold Star - 100
Silver Star - 25
Gold Bar - 5
Silver Bar - 1
Why the above values instead of the standard Roman Numerals? I play poker a lot, and used the same casino chip values used in Vegas... I am more familiar with that counting system