You have to think of this as a "system."
ARE the gauges in calibration? (HOW old are they, again?)
ARE the sensors in calibration?
Power, wiring, connections
Here's a roundup of just some of the problems on my 67
The VR was bad
The VR socket connections, which are brass spring fingers, were NOT contacting the PC board reliably, and I had to solder jumpers from the brass fingers to the PC board
The board harness connector was AFU, corroded, broken pins
The nuts on the gauge studs were not making reliable contact with the board
The temp sender was bad
The temp sender wire was corroded where it feeds through the bulkhead connection
You can check gauge calibration AFTER you've gone through all of above, with resistors. The sender resistances, for temp or fuel are the same:
L = 73.7 Ohms (empty)
M = 23.0 Ohms (1/2)
H = 10.2 Ohms (full)
You can substitute those resistors for the sender, give time for the gauge to stablilize, and check cal. I would do this with the engine running, as the system runs at 14V, not 12, and this would "make certain" that the gauge VR is working OK
RTE makes a well respected replacement VR:
http://rt-eng.com/rte/index.php/Main_Page