Hatzie's advice is sound. That is how you'll determine whether the sender is the problem or not. You can do the same with the gauge too.....testing resistance (Ohm).
Regardless, if you're not confident that your oil pressure gauge is being honest...I would suggest that you remove the sender (or hook up to another port in your intake/head/block) and monitor your pressure with a reliable mechanical sender. Despite, the functionality of your oil pressure sender or gauge....you should be sure that your oil pressure is correct. I had a similar problem recently that, unfortunately, led to a full rebuild.....though I will add that high pressure is much better than too low of pressure.