Thanks Joe. I think I'm beginning to understand. So the ballast resistor is on the circuit to diminish the voltage to the points all the time? I have the tan top coil that just died. I bet it's original. How do I confirm the ballast resistor rating? It's pretty ancient, too. I read on the tech manual that I need at .9ohm ballast resistor.
Sounds like next steps is to get the correct coil (I used a generic 12v pep boys coil to get 'er running), and a new set of Bosch points and condensor, and a new ballast resistor. How do I check if the ballast resistor is still good? Now sure how to check for ohms of resistance.
I spent the whole summer with a dead car up on jack stands, going after fuel problems, red rusty gas - tank, fuel lines, etc etc then no spark, so it's a joy to do these last few things to square it away and drive! Appreciate the help.