a quick google search netted one referal to that model number. it appears you would have the briggs sprint 375 motor.
Is the black wire coming from the coil shorting on anything? if not it would be fairly safe to assume the coil is gone.
here is a link to one for sale on ebay,http://cgi.ebay.com.au/Briggs-and-Stratton-4-Stroke-Engine-parts-Coil-Pack_W0QQitemZ300287044590QQihZ020QQcategoryZ126023QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
if you want I have a few second hand ones which I can test one and post to you for $10 + post.
