A wear gauge is provided for simulating the wear of a magnetic recording component at its interface with a magnetic storage medium comprising a wear gauge block having a wear surface that substantially approximates the geometrical dimensions and contour of the working surface of the magnetic recording component, wherein the wear surface has a coating of transparent material. A test method comprises mounting the wear gauge in a test fixture, positioning a tape and adjusting the over wrap angle at edges of the wear surface, choosing the desired tape tension, speed and runtime, and running the tape, preferably unidirectionally, in operational contact with the wear surface for the desired runtime. The wear surface is inspected under white light illumination to observe and record locations of interferometric color changes on the wear surface. The color changes are correlated to thickness changes of the transparent coating on the wear surface.