IME ( RRC with a 350) if you restart kinda immediately the gauge will read higher due to heat soak. It will then go very rapidly down to what it was as the coolant circulates.
Could be air in the cooling system, bad earth to the gauge, etc.
You don't say what the obvious overheating symptoms are.
If it is visibly losing coolant out of the coolant reservoir with reported gauge readings I'd be looking at an air lock in the cooling system.
cheers, DL


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