diff --git a/convert_hf_to_gguf_update.py b/convert_hf_to_gguf_update.py
index c091273c0d724..3fda5ea889eea 100755
--- a/convert_hf_to_gguf_update.py
+++ b/convert_hf_to_gguf_update.py
@@ -240,11 +240,6 @@ def get_existing_models(convert_py):
     if tokt == TOKENIZER_TYPE.SPM or tokt == TOKENIZER_TYPE.UGM:
         continue
 
-    # Skip if the tokenizer folder does not exist or there are other download issues previously
-    if not os.path.exists(f"models/tokenizers/{name}"):
-        logger.warning(f"Directory for tokenizer {name} not found. Skipping...")
-        continue
-
     # create the tokenizer
     if chkhsh is not None:
         # if the model has a pre-computed hash, use it
@@ -254,6 +249,12 @@ def get_existing_models(convert_py):
         chkhsh = existing_models[name]
     else:
         # otherwise, compute the hash of the tokenizer
+
+        # Skip if the tokenizer folder does not exist or there are other download issues previously
+        if not os.path.exists(f"models/tokenizers/{name}"):
+            logger.warning(f"Directory for tokenizer {name} not found. Skipping...")
+            continue
+
         try:
             logger.info(f"Loading tokenizer from {f'models/tokenizers/{name}'}...")
             if name == "t5":