It's not cocked. It doesn't set all the way down when not cocked. BTW, it's a G2 Contender. I have .17m2, .223, .204 and 6.8 Rem SPC barrels. It also is very accurate.
Oh. Without getting the gun out of the closet and the case, it seems to me that the hammer on my Encore stops a little closer to the frame than that. Might just be me. I'd treasure that gun if I were you.