Help so close to fire the engine

i have a 65 formula s cuda and it has a 360 small block for a 76 duster now what my problem is as i found out that the magnetic pick up and the star bit are touching....which they shouldnt if i am correct...now if i buy a new star bit and magnetic pick up will that fix my problem of giving me park? as of now i will now get spark unless the star bit and the magnetic pick up touch and it will touch once and then it will kick back the pickup to were i get no spark. help me out on this weird problem thanks again