Don't know if the OP said what kind of ignition system it has but unless its a fairly old one it will have a module and no points.
If it has points the condenser is there to stop the flow of current in the primary coil windings cleanly thus resulting in current flow in the secondary windings and a spark across the plug gap. When the points open the condenser begins to charge and when its fully charged current flow is stopped. That happens in a millisecond and is called the capacitance time constant. Hope that explains basic ign better than the condenser soaks up voltage.
Checking for spark in free air should be done with an increased gap to simulate compression. This is easily done with 2 points set 3/8-1/2 inch apart in a phenolic block. And as Jags said do as soon as the engine quits to see if it stopped do to loss of ign.
If it has points the condenser is there to stop the flow of current in the primary coil windings cleanly thus resulting in current flow in the secondary windings and a spark across the plug gap. When the points open the condenser begins to charge and when its fully charged current flow is stopped. That happens in a millisecond and is called the capacitance time constant. Hope that explains basic ign better than the condenser soaks up voltage.
Checking for spark in free air should be done with an increased gap to simulate compression. This is easily done with 2 points set 3/8-1/2 inch apart in a phenolic block. And as Jags said do as soon as the engine quits to see if it stopped do to loss of ign.