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No spark - what is this thing?

Posted By Mortimer452 6 Months Ago
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Mortimer452
Posted 6 Months Ago
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Turbocharged

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Last Active: 6 Months Ago
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Pulled my '56 Monterey out of the barn last night, started up fine.  Went to pull 'er back in this morning and it won't start, no spark.Points are fine, cleaned up coil wires and made sure those were fine.  Found this thing next to the coil, not sure what it is, but the positive lead from the coil goes to it.  Some type of resistor of some sort?  There's two springamathings coming down and one is definitely broken. 
http://forums.y-blocksforever.com/uploads/images/4af85433-547f-4a34-a26d-8f03.png

The broken left one is REALLY hot.  Coil says 12V on it but I'm only reading about 6.8V on the positive side.



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