I just had mine apart (the hydraulic pump seals were leaking, forcing oil thru the distributor, but that's a whole other story). That pin on mine had a nut on the inside that held the points spring and condenser wire along with two nuts on the out side, one to hold the pin in place, the other to hold the wire to the coil. I just had to loosen the inside nut and pull up on the points and spring and the points came free. If your point spring is under a head, removing both outside nuts should free the pin, but you say you only have one outside nut...hmmm.
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Today's Featured Article - Choosin, Mounting and Using a Bush Hog Type Mower - by Francis Robinson. Looking around at my new neighbors, most of whom are city raised and have recently acquired their first mini-farms of five to fifteen acres and also from reading questions ask at various discussion sites on the web it is frighteningly apparent that a great many guys (and a few gals) are learning by trial and error and mostly error how to use a very dangerous piece of farm equipment. It is also very apparent that these folks are getting a lot of very poor and often very dangerous advice fro
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