I would continue with your search for a higher rated valve, but I'll offer this piece of info regarding pressure ratings of pipe fittings:
Standard pipe flanges are rated for a "design pressure at a design temperature". For instance, a ANSI 150psi rated pipe flange (the flange is usually the weakest point, not the pipe), is rated for 150 psig AT the pipe material design temperature (>450 °F for most common materials and up over 1200 or so for some alloys) This means that at that high "design" temperature, the pipe and flanges are designed to sustain 150 psig. Consequently, at lower temperatures, the material will be able to withstand higher pressures.
Using 300# class C. Steel flanges as an example, there are industry standards (ASME, ANSI, and ASTM) that state that at 0°C, that class flange can safely withstand (as in normally operate at) up to 740 psig.
Having said all that, a 150# "rated" valve can withstand higher pressures than 150 psig, depending on what the limiting design aspect of the valve is. Again, the design pressure of the valve is AT THE DESIGN TEMPERATURE which usually corresponds to the material's temp vs. yeild strength tendencies.