This oil pressure gauge appears out of calibration as it does not read zero with the engine not generating oil pressure. However, the pressure range that gauge is displaying appears consistent with the pressure range of a normally operating engine. From what I recall, the oil pressure gauge operates from direct oil pressure from the engine acting on a flat copper tube that is formed in a curve, acting like a spring, so that increasing oil pressure tries to straighten the copper, and the copper returns to its formed shape with decreasing pressure. At the end of this copper spring is a rod that contacts the gauge pointer mechanism. On my '48, its oil pressure gauge was not reading zero with the engine off. So I massaged the copper tube with my fingers and thumb carefully to make the gauge read zero with no oil pressure applied. This is a delicate operation so great care must be used when handling these parts. Once I made the gauge read zero at no oil pressure, the oil pressure gauge showed that the engine was operating at normal oil pressures, just as the shop manual listed. I verified my oil pressure readings with a new replacement mechanical oil pressure gauge that I bought at the auto parts store, made in Taiwan with a nylon pressure tube...my assumption was that the new gauge had been calibrated, and once my original gauge matched the readings of the new gauge, I assumed that my original gauge was then calibrated also. Generally speaking, the oil pressure gauge is only used to get an idea of engine operation, so it does not have to be accurate in pressures measured as much as the range of pressures measured.