Yes you do. You have to take the distributor shaft out of the distributor to Remove the pick-up coil / stator.
if the coil is on the distributor cap,remove cover then disconnect wires from the coil and remove coil. if coil is on engine then loosen the bolt and remove from coil mount
Remove Distributor,remove drive gear,remove shaft,remove pickup coil.
you must remove the distributor, disassemble unit and replace pick up coil
In the distributor.
you have to remove the distributor. at the bottom of the distributor is a pin. CAREFULLY remove the pin, upon doing so the distributor will come apart. the pick up coil is the top piece. Runs about $12
if you're refering to the ignition pick up coil, then it's inside the distributor. you need to remove the distributor, dismantle, replace the coil, and reinstall the distributor. if you aren't mechanically inclined, then don't bother trying. you need to do certain prep work, have a timing light, know how to rebuild a distributor, and reinstall it to specs.
The pick up coil is located at the base of the distributor and plugs into the ignition module. The pick up coil's purpose is to sense or "pick up" the pulses of the distributor and tell the ignition module when to fire the spark plugs. The most critical part of the replacement of the pick up coil is to make certain you properly mark the orientation of the distributor to the engine block and the rotor to the distributor base. When you successfully make these markings, you will not need to check your timing when this job is finished.
Rotor Pick-up coil
The pick up coil for this engine should be right underneath the rotor inside the distributor cap. Unscrew the two screws holding the cap on, remove the rotor below it, then you should be able to lift out the pick up coil. I don't recall anything additional used to attach it, just the distributor cap screws.
Inside the distributor.
Ignition coils are generally external while pick up coils are generally internal to distributor