Another important function of the condenser is to collapse the magnetic field of the coil very quickly to induce a higher secondary voltage and provide a ringing effect for a more intense spark.
No sir, that is not correct. CFH was also in error when he talked about some "backlash." The only function of the condenser is to allow the primary side of the coil, called the low tension side, to feed into it, instead of leap across the point gap to ground. The induction of the spark is dependent upon the rate of change of the magnetic field, (Faraday's Law) and number of windings in the secondary determine voltage. In short sir, collapsing the magnetic field is accomplished by the flywheel moving beyond the magneto, resulting in no voltage. Collapsing the magnetic field is also accomplished by shorting the primary (low tension) side of the coil to ground. This is done by "kill" switch, or a shorted condenser, chaffing primary wire, etc.
Today I connected an Ohm Meter to the condenser.
Just to check for continuity and no response at all.
Although I did the skin test and there's current flowing.
Just no spark on any plug I connect, I used new plugs, old plugs from Tec four HP.
I can't figure out why this coil won't fire?
Reaper
There are several videos on how to test a condenser on line. You don't check for continuity, you are using your ohms scale on your meter to charge the condenser. The ohm meter uses a battery to check continuity, and you are charging up the condenser with that battery. Then you go to DC voltage on your meter, and you should see a small voltage. If you are using an analog meter, you'll want to be on the smallest DC voltage scale.
See above- ensure none of your wires from the mag primary side, (small wire of course) as well as your condenser lead are not chaffed and rubbing against bare metal.
If a skin test (I assume that means grabbing a plug wire) means you are getting zapped with the secondary coil (plug lead) then you have a bad coil. (Magneto) A shorted condenser will mean zero spark, just like you hit the kill switch. An open condenser will mean you have a weak spark at higher RPM, but the coil should still fire a spark plug when you pull start it.
I use an $8 spark tester. It allows you to test your plug, your spark, and your spark in a higher pressure environment in which it runs. Then there is no guessing.