I think the confusion is from this quote Tony,
"See if your coil is really hot whilst the engine is running. Also measure the LT side of the coil if it is anything higher than about 12.4v it will damage a standard 500 coil. The resolution is to fit a ballast resistor on the positive LT wire to the coil that will reduce the voltage down"
Rusty500 has an alternator which was the scenario described as being a problem.
Yes I hear what you are saying Peter but that came from a quote from someone else that I posted, personally I wouldn't say 12.9v is excessive from an alternator or even a dynamo, so I would have thought a standard 500 coil should be able to handle that sort of voltage. But then again if the coil insulation is on its way out, maybe 12.9v's is pushing it over the edge.
A coil when the insulation has gone is virtually too hot to touch for a split second, when it's running normally you should be able to put your hand on it for quite a long time.
You can pick up a ballast resistor on eBay in the UK for next to nothing, so it's probably the same in the US????