Did you replace the points? You should be getting power to them. If you aren't, that is the problem. I have seen the wire inside the insulation break from movement (vacuum advance) and cause a no spark issue.
Check at the points for power. If there is none, wiggle the wire to see if you get anything. If you have power out from the negative side of the coil, it should be at the points.
Here is how it works: When the points close, electricity runs from the battery, through the coil, and to the ground. When the points open and power can no longer go straight to ground, the electricity, which by nature seeks the easiest path to ground, jumps to the secondary circuit to the coil wire to the top of the distributor cap where it is transmitted to the distributor rotor.
So, you must have power to the points with the key on. If there isn't power, then we need to determine where the open circuit is located.
Let me know what you find or if you have other questions.
Take care,
Joe
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Sunday, May 16th, 2021 AT 6:55 PM