Hey all first Bondo thanks for course correcting my thread! I'll go over what I've done so far on my points ignition 1986 Mercrusier 3.0 engine serial number is b484281 to try to solve this.
1) sanded all terminals and tightened.
2) checked battery, it fully charged and showing 12.5 volts.
3) checked battery connection at starter and it also showed 12.5 volts
4) checked the smaller solenoid connections under breaker button also showed 12.5 volts
5) checked yellow/red wire on the actual starter solenoid showed 12.5
6) finally tested purple/yellow wire actual on the actual starter solenoid and that only maxed to 9.6 Volts.
Since #6) seems to be where the trouble starts I'm wondering if the obvious answer is to just replace the solenoid. I'm also wondering if there is a chance that I should try swapping the the wires meaning, yellow/red on the outside away from the engine and the purple/yellow on the inside, or closest to the engine.
I've attached some pics just in car something jumps out that I am missing.