the solenoid only works as a switch so that should not be the problem. Aside from the coil there is a condenser usually mounted to the side of the distributor. Seldom goes bad but if it does it will not work. To hot wire it a wire from the plus side of the coil to the plus of the battery should make it start. I am not sure where the minus side is supposed to go... possibly the distributor.
It is shovel in a sand box simple. Don't over think it.
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.

[SIGPIC]
..I also have a 427 Cobra replica with an aluminum chassis.