(picking 698) Letter combination padlock visually decoded + code surprise

A letter combination padlock from 'lockmania' that caused me some trouble decoding it. But I found that looking in between the wheels can reveal the code following a barely visible red dot. But the the surprise came with the code that once can and another time cannot unlock the lock. The reason is that some letters are printed twice on some wheels - crazy.

• #entertainment
• #lock
• #locksport
• #lock_pick
• #lock_picking
• #locks
• #open
• #pick
• #picked
• #picking
• #lockpicking
• #locksmith
• #fun
• #cool
• #spp
• #single_pin_picking
• #how_to
• #guide
• #euro_cylinder
• #decoding
• #padlock
• #gutting
• #gutted
• #number_lock
• #zahlenschloss
• #letter_lock
• #zahlenschloss_knacken