Check the condition of the points, burning, pitting. Be sure the condenser is tight to the breaker plate. If you have an old condensed, try it.
Also check the distributor shaft for side play. It needs to have very little side play, or the points will not stay set.
You said you replaced the coil. Is it the correct coil? It should not heat up under normal use, should not be any hotter than surrounding components.
If you have a test light or volt meter, connect it from the + terminal of the coil to ground. Position it so you can see it, run it until the problem starts. What you are looking for is voltage drop to the coil, as in a bad ignition switch, loose connection, etc.
The trick to finding an intermittent problem is to be ready to catch it in the act.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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