The RCBS Precision Mic is a good tool but allow me to share an observation I made using it. Over the years I ended up with two of them in Part #88304 the .223 Remington chambering. I also have several actual headspace gauges.
Using the RCBS numbers the .223 Remington precision mic will read Zero when distance from cartridge head face (bolt face) to a datum on the case shoulder is 1.4636". The datum being where the case shoulder diameter is 0.330". Now at this point I would like to clarify what Mr. Guffy points out.
It helps to know the head space of the chamber, that would be determined by a measurement from the datum/shoulder to the bolt face, The difference between the length of the case from the shoulder the case head and head space is clearance.
The case does not have head space and head space does not changer unless things are going seriously wrong, so we are talking about too much clearance.
Cases do not have a headspace dimension, only chambers have a headspace dimension. While I do not have a .223 Remington SAAMI drawing I do have a .308 Winchester SAAMI drawing which is marked up and should illustrate Mr. Guffy's point. The below drawing illustrates both the cartridge and chamber specifications, note how the drawing is marked up and how only the chamber drawing calls out "headspace", the cartridge drawing merely calls out measurements.
Yes, I know everyone loves to call it headspace on a cartridge but the dimension is not headspace by SAAMI definition. Maybe that is why RCBS does not call their gauge a headspace gauge? I know a Google of "cartridge headspace gauge" will bring up a dozen case gauges but again, headspace only refers to the chamber. The term has just become sort of accepted be that right or wrong.
Anyway, back to your RCBS Precision Mic. As I mentioned I have a few in .223 Remington and during use I noticed a quirk. They do not read the same. I know because I checked them using actual headspace gauges. Here is an example of what I am getting at. Using a precision 1.464" headspace gauge one precision mic read 0.000 while the other measured -0.002. Here is what actual headspace gauges look like.
The images are .308 Winchester I believe but you get the idea. How do I know my gauges are accurate as in which RCBS Mic is telling the truth? Before I retired I had my guys run all my gauges on a Zeiss CMM (Coordinate Measuring Machine) which will accurately split millionths of an inch. Anyway I had that -0.002" difference telling me all RCBS Precision Mics are not created equally. Take it for what it's worth on that. I haven't a clue what the RCBS allowable tolerance is on their precision mics.
All of that boring stuff said:
Measuring my fired brass with the RCBS Precision Mic my brass is .0025 less then zero spec. From expanding, when F/L sizing, using the Redding precision shell holders the brass will stretch.Using different shell holders with the firing pin assembly & ejector removed, l can get the zero amount of space from bolt face to the base of the case. Mine is .0015 less the the standard spec. How do you check yours
How do I check mine? While I have no shortage of case gauges in all sorts of types I use the RCBS Precision Mic. Figure it this way, when a case fires it fills the chamber expanding in all directions. Then the brass contracts just a little. How much varies but most shooters like to say about 0.001". If the brass did not contract slightly it would be a chore getting it out. When resizing brass most people like to say "bump" the shoulder back, a term which I am not real fond of. The brass will expand most at the weakest point which is generally about 0.200" forward of the base of the case head. Here nor there for the most part. Since in most cases my .223 Remington, .308 Winchester and 30-06 Springfield brass may be loaded for any of several rifles in each caliber I just full length resize back to the Zero on my RCBS Precision Mics. If you are going to shoot the brass in the same rifle you can measure it and run your sizing die down with the ram up till they bump. Size the brass and measure. You want to know where the brass started, the brass after firing and each time you run the ram up, slowly running the die down till the fired brass is about 0.002" from where it came out of the rifle at. All of this depending on your chamber. I also try chambering the brass in my tightest chamber before moving along in the reloading process.
Anyway if you really want a headspace dimension I liked post #4 and #5. Using the mentioned shims will get you a good number. If all of this is unimportant to you then try as I mentioned just moving the brass back to zero in small steps trying the brass in your chamber each step. You doo not want to load a hundred cases that won't fit and won't hit. Use your chamber as your gauge.
Ron