Typically a spark plug in ordinary condition in a compressed combustion chamber will fire at voltage in the range of 10,000 to 12,000 volts. Even if the coil has a (dielectric) rating of 50,000v or 40,000v or whatever - you still just get 10-12,000. Makes a good sales pitch though.....the high dielectric strength would be helpful for a Capacitive Discharge ignition (where the coil is being used as a step-up transformer).
The heat in the inductive spark comes from the amps in the coil primary - and importantly, how fast it can get fully energized to "fire". As the engine runs at higher and higher speeds, the time available to "saturate" the coil primary with amps gets smaller and smaller. Modern coils have low primary resistance to enhance the speed of saturation - and they are constucted with high temperature insulation - no more oil to cook.
Older inductive ignition systems had to have both considerable primary resistance in the coil and oil for cooling in order to survive with an acceptable lifetime. This was pretty much matched by the thermal capacity of the points so the system had some similar limits. High performance dual point distributors were invented to increase the available coil charge time (dwell) as the rev's went up - and share the heat load on the points. In some instances the stock coil life dropped in that sort of application - remember when everyone went to using the big Mallory coils for the "hot ignition set-up"? Way more thermal capacity.
When we switch to an "electronic" ignition - using a transistor to ground the coil circuit instead of the points - it has a lot more thermal capacity - can carry more amps with an acceptable lifetime. As a result, its OK to run more voltage into the high temperature / lower primary resistance coils (full battery / charging system volts is fine) and the combined coil primary / ballast resistance can drop to 1.5 OHMs (and less in some circumstances). The spark in the chamber is still the 10-12,000 volts as before - but the heat goes way up due to more amps. Coils for use with electronic ignitions tend to be made for "all position" mounting - but primary resistance could be lower than you want it to be for use with points.
Steve Metzger Tucson, Arizona