Before opening it up, it's worth checking the whole shutter unit hasn't rotated in its mount, so that the shutter release is kind of accidentally always pressed.
I'm a little confused now. I watched this video, and that is when I saw that there was a step ('cock the shutter'), and my Nettar 515/16 has that same lever.I have a Nettar with a Telma shutter somewhere, I'll check but I think you're setting the self timer. The actual shutter release is on the bottom of the lens. With a Telma you don't have to charge the shutter, you just push the release and then it's ready to go again.
Hello and welcome to Photrio!
Sounds to me like a sticky shutter. The shutter probably needs to be cleaned. Lubricant has probably become very thick and is not allowing all the parts to move freely, so the catch that holds the shutter in tension is probably not falling into place and the lever is returning to its original position.
Being that it is returning slowly, this also suggests that the shutter blades and other internal parts are also suffering from thick lubricants.
Of course, there could be some broken parts in the shutter, but it has been my experience with several dozen vintage mechanical cameras that petrified lubricant is typically the problem.
A shutter cleaning should probably set you back to normal.
Do check this, and the body release mechanism. Although the slowness may mean everything is sticky inside, sometimes when a leaf shutter cocking lever fails to catch, it is because the release is ever so slightly pressed, preventing the cocking lever from latching.
I'm a little confused now. I watched this video, and that is when I saw that there was a step ('cock the shutter'), and my Nettar 515/16 has that same lever.
Zeiss Ikon Nettar 515/16: How to use - Video Manual
Thank you for the input. I have more to explore...
Yes, the 515/16 as a lever to 'cock' (at 11h00) and one for the delayed shot (at 5h00).You have it right. Your Telma 515/16 has the lever to cock the shutter and another button to trigger it. The 515/2 didn't have a separate step needed to cock the shutter, but it does have a self-timer/delayed timer which I can't see on your 515/16 and it's not mentioned on this page of the different models and their specifications:
Zeiss Ikon Nettar
The Nettar series by Zeiss Ikon was a successful range of folding cameras for 120 roll film. Several types for 6×9cm, 6×6cm and 6×4.5cm format with different lenses and even more different shutters were offered. Year of release: 1934 alternate name: Bob 510 Film Format: 120 roll film (6×4,5cm...camerapedia.fandom.com
My very simple 510 (the first camera listed above) doesn't have the separate cocking lever, nor the self-timer, nor a PC Sync Port. It still works like a charm, though, but I get very confused when I switch back to cameras that need separate actions to trigger the shutter!
Sorry for a shameless plug, but Camerapedia is a burning ruin. The guy who owned the url of that wiki sold it to Wikia in 2011, and most of the people writing for it left in disgust, taking the database with them, and started Camera-wiki, which has since added many more pages; and it is better maintained so has fewer missing pictures etc. So for example, see
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