Re: 1973 ford 302 spark off coil
Not necessarily.
Since the secondary side of your ignition was ungrounded, the spark generated by the coil needs to go somewhere, and found the path of least resistance. I would connect everything back up, and run the engine to re-check for arching. If you want more of a visual, run the engine at night, and spray the top of the coil down with water from a regular spray bottle. If you see any arcing or glowing, the coil should be replaced.