Gas Cap surround and gauge

[mgambuzza]

Two questions on my new purchase.


One - likely my ambitious move to purchase this 1930, one item I apparently overlooked was the bubbling around the gas cap. What level of concern should I have, what would be needed to truly resolve, and any past experience in $$ I would be looking at spending? I'm almost afraid down the road the rust compromising the metal and one day while opening to fill the tank the whole top ripping off.


Two - the gauge/float. It is operational, but the float is either petrified and sinks to the bottom, and has lost its flotational ability. Would it be worth to attach another "floater" to the existing assembly, or should I purchase a whole new assembly to replace this?