None of my meters read zero for open circuit and if they did they'd be in the trash barrel.
To overload a cartridge winding, current would have to pass through it. If the schematic I found for the preamp is correct, it's a conventional cap coupled phono input to an opamp, 4.7 uF. That means DC is blocked, but I can still imagine a transient of good size going through the cap. Unfortunately, it also has to go through the input circuitry of the opamp, as the only other path is the loading resistor. Those are protected with diodes, so it's conceivable the cart was blown that way, but it would be incredibly unusual and not terribly beneficial to the opamp. There's also a higher level input, but I'd assume that isn't being used- it isn't cap coupled. I'd be having a look at the cables and grounding to see if anything is amiss, and make sure the input caps are present. Does the table have a separate ground wire? I did have an open Grado one time right out of the box, but it's too much coincidence to have it fail when the sub was switched.
edit- Wait, I was wrong! A conductance meter will read zero on open circuit. Of course, if you go to Digikey and try buying resistors using the conductance value, you won't find much.