It looks like the firing pin (hammer nose) may be separate from the hammer and held in with a rivet, like the older S&W's. If so, making a new firing pin should be fairly easy. The problem is that if you can't DIY, a gunsmith would charge more than the gun is worth, which is around $50 tops. Those revolvers were not the worst of the Spanish imports, but most were made from cast iron and have a reputation for blowing up. The .32 S&W Long is so low power that it should be safe to fire the gun, but I consider them all basically unsafe.
Jim
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