JeffB2 - Please look in your 1954 Ford service manual as to how these King Seely gauge systems work. My 1956 manual describes it, and I believe 1954 would be the same except 6 volt instead of 12 volt. It's also described in the Motors Manual of this era. The King Seely Sender consists of a bi-metalic beam with points on the end. The beam is wrapped with induction wire which heats the beam when points are closed. When the beam gets hot, it bends (due to the bi-metalic construction) which causes the points to break. The beam cools and the points make contact again. This cyclic on/off current flow produces an average current which corresponds to the tank level. The GM gauges and other non King Seely gauges depend on the resistance in the Sender. The King Seely does not. What the after market suppliers of these Ford fuel gauge Senders have done is to produce a unit that IS a variable resistor (like GM and others). They use a constant current flow (instead of pulsating) and vary the resistance (controlled by the float level) in an attempt to TRY to obtain a reasonably accurate gauge reading. For my 1956 12 volt gauge, a 3 volt steady electric supply will cause a gauge reading of 1/2. 4 volts will cause the gauge to read 3/4. In fact, this is the method described in the 1956 Ford manual for testing the gauge. What becomes troublesome is for the variable resistor Sender to send these low voltages accurately, and even lower voltages for 1/4 tank and below. Bottom line - the King Seely Sender is NOT a variable resistor as are GM (and other) Senders. Therefore, resistance matching is a non issue with these original Senders. I know you have a lot of experience and knowledge with these old Fords, but look up the operating details of these King Seely units and see if you agree.