Depends on what's on the other side of the ballast.
Was that with the engine running?
From another thread where I posted the readings I got on my setup to help with a similar question.
When out to the 51 and took some measurements.
It's a 51 Plymouth Cambridge I converted to 12v negative ground using a Mopar alternator and voltage regulator. Stock points ignition with Mopar ballast and 12v coil.
engine off, key in run I see 12.2V at the battery (low, should be 12.8v ish) and 6.2v at the coil +, all grounds taken at the battery negative terminal.
engine running, 12.8V at the battery (low, should be 13.8v ish, need to up the idle speed) and 8.8v at the coil +, all grounds taken at the battery negative terminal.