Antonio
The similar F3.5 Leitz Elmar I have is baffled, this seems cautious, but may be because it was uncoated. Folding cameras are nicely baffled by the (folds of the) bellows. As I said above my 2.8 Contax fit Tessar pre WWII ('37) is also not baffled.
Enjoy your new toy.
Noel