Hello Fishy,
The tach gets its signal from the voltage regulator (the 2 boxes behind the coils). Both have gray wires but only one regulator is connected for the tach (gray wire) . You can swap the wire to the other regulator and see if the tach settles down. If it still acts up it is most likely a bad tach.
Marine Mechanic
30 Year Service Tech Gas/Diesel.