If you put the flywheel back on, but leave the small kill wire disconnected and crank, you should have spark, if not then the coil is bad.
What can destroy a coil is somehow voltage gets sent to the coil via the kill wire, so you should make sure that is not happening, as you would quickly destroy a new coil, if you installed one. That circuit is just to ground out the ignition to the block, to stop the engine.
So bare wires, or an incorrect key switch can inadvertently send voltage to the coil and destroy it.