Hi Glen. Great car you have.
I made a voltage regulator using an LM317 chip, fixed resistor, small pot, a couple capacitors, and a heat sink (the chip gets quite warm when "running"). Here's a photo of it:
You can search the net for a schematic of these things. I'd originally built a fixed 5v regulator but it didn't drive the gauges high enough. As I recall, it didn't put out quite 5 volts though. My newer regulator is running about 5.2 volts and the two gauges are registering great.
To check if your gauges work, you can use a 5v DC power source (I initially had used a computer power supply, others say a cell phone charger works) and hook the gauges to the source. You should see movement almost immediately after applying power. Don't leave the voltage connected to the gauge for too long though. The gauges are meant to show a full scale reading with a small resistance in the line. You could also use an ohmmeter to do a quick check if your gauges read open (meaning a broken wire internally).