The coil will burn up in 10 to 15 minutes when the ignition switch is left on if the points are closed. The points will carry a lot of amperage when closed they burn from arcing when opening and closing. Wireing is usually not effected unless a battery charger is on. The battery is run down pretty fast from the shorted coil, between the resistor, coil resistance and the lower volage there is usually no damage. When a coil is energized NOT being turned on and off by the points it is a big resistor and does not put out any spark to the high voltage side. Have your old coil rebuilt and it will be better then new. I believe Vanpelt parts may have one in stock. G.M.