In 1984, the Joneses auctioned the diamond through Sotheby's auction house in New York to an agent representing a lawyer in an undisclosed east Asian country for the sum of $74,250.
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In 1942, Punch brought the stone to a geology professor at Virginia Polytechnic Institute (VPI) -- more commonly known as Virginia Tech -- in nearby Blacksburg, Virginia.
The town is the site of the 1928 discovery of the 34.48 carat (6.896 g) Jones Diamond by Grover C. Jones and his son, William "Punch" Jones.
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