It is going to depend on several things including the engine RPM at the time you are taking the measurement. The 8ba distributor operates on vacuum only, so the vacuum will be low at idle and increase with engine RPM to advance the distributor.
Per the F1 Shop manual:
49 to early 50 in inches of mercury
200 rpm 0.0
500 rpm 0.4
1000 rpm 1.7
1500 rpm 2.8
2000 rpm 3.7
late 50 to 51
200 rpm 0.0
500 rpm 0.3
1000 rpm 1.32
1500 rpm 2.85
2000 rpm 3.7
I have no idea on the 53 Merc, but it should be in the same ballpark.
Note: 40 Deluxe posted a good explanation below. The vacuum numbers listed above relate to testing a distributor, not operational conditions.