I bought it used.
i disassembled it. this is what it looks like
That is weird setup indeed! On a lot of (not all) locks it is possible to put the fly in backwards .... that fly looks like it is sitting WAY too high above the tumbler - see if you can flip it around.
If you can drop the hammer using just the front trigger, what you have is a double set - double throw trigger, using just the front trigger you hold the sear off the tumbler throughout it's whole cycle - you can't actually release the trigger before the hammer drops (too fast!)
Using this setup as a set trigger, the rear trigger bar hits the sear bar, releasing it from the notch for a microsecond - the nose of the sear slides over the fly and slides over the surface of the tumbler (as opposed to single throw, which holds the nose of the sear clear through the whole cycle)
So - that fly looks wrong. Look for damage to the nose of the sear - if it is actually hitting the fly and not sliding over it, there may be dings, dents or a chip out of the nose.
Check the bearing surface of the tumbler is not marred or corroded, same with the sear - it's angle in relation to the tumbler looks like it is actually digging into it.
Check the sear to see if someone has tried to "improve" it by stoning/filing the nose.
All this is assuming your are 100% sure the hammer is actually hitting the cap/nipple from the set position.....
Much better quality replacement lock for these are easy to come by if none of that pans out.