In my Advanced Marine Aquarium Techniques book, I describe a method for using a Hach spectrophotometer to measure true and apparent color in the aquariums:
"For Hach brand spectrophotometers, method number 8025 is used to determine the true and/or apparent color of any water sample with results given in platinum-cobalt (PtCO) units in a range of 0 to 500.
Apparent color is a combination of dissolved coloring agents such as organic wastes, certain inorganic compounds, and tannins (sometimes collectively called "gelbstoff') combined with any suspended matter. This is the "real" measurement, in that this is what one's eye perceives when viewing a given aquatic exhibit. True color is derived from a sample that has been pre-filtered or centrifuged to remove the suspended particulate matter. This measurement gives the user an idea of the potential benefit, which might be gained with carbon filtration or partial water changes desired to remove or dilute the gelbstoff concentration. The relation of these two values is important to understand; a high apparent color combined with a lower true color reading indicates that the mechanical filter of a given system is not sufficient to achieve proper particulate filtration of the water volume. A high true color, nearly equal to the apparent color indicates that mechanical filtration is sufficient, but that excessive gelbstoff is present, and should be removed by chemical filtration or water exchange. A true color reading greater than the apparent color reading indicates some error in the test procedure; for example not insuring that the outside surface of the sample cell, is clean, or not pre-rinsing the filter paper to remove any loose fibers. "
I don't know how this applies to other brands of specs. If you can get access to the Hach DR series spec manual, you should be able to determine the nm you need to use. There is no reagent needed for this test.
Jay Hemdal