A novel intrinsic fiber optic pressure sensor realized with a polarization-maintaining photonic crystal fiber (PM-PCF) based Sagnac interferometer is proposed and demonstrated experimentally. A large wavelength-pressure coefficient of 3.42 nm/MPa was measured using a 58.4 cm long PM-PCF as the sensing element. Owing to the inherently low bending loss and thermal dependence of the PM-PCF, the proposed pressure sensor is very compact and exhibits low temperature sensitivity.