Mine pegs at whatever the halfway mark is.
Digitally, it's about 210 or so during the day, 70 degree ambient temp. It's VERY steady, though, no variation to speak of once it reached operating temp.
This thread, however, calls to mind an article I read years ago about a similar question about some import, BMW, etc's proper oil pressure. Seems the gauge didn't have any numbers or even decent hatch marks, and the guy was having trouble comparing it to other owner's readings.
Turns out that BMW, or whoever, got tired of explaining to irate buyers that there is a RANGE of normal, and they deliberately made it difficult to make such complaints by removing the numerical values.
The internet must make them squirm, huh?