HP:
Try this:
1) Remove the negative (points side) primary wire from the coil.
2) With the key ON, check for battery voltage, working backwards from coil positive to the battery. The symptoms suggest a fault with the primary circuit. It may be intermittent; shake wires and the ignition switch.
The easy starting suggests that the resistor bypass from the starter motor is OK, but that the run circuit has a fault.
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