64-c- Trip

All last week four sea post clerks aboard the United States liner President Roosevelt kept a 24-hr, guard over the ship's vault. Inside it reposed the famed Jonker diamond, world's largest uncut gem and the largest privately owned diamond anywhere. Discovered by a South African farmer named Jonker last year (TIME, Jan. 29, 1934), the stone weighs 726 carats (about five ounces), is bigger than a hen's egg.

Few months ago a Manhattan gem dealer named Harry Winston bought the Jonkers diamond for $730,000, had it insured for $1,000,000 by St. Paul Fire & Marine Insurance Co. He was told that the best way to ship it from London to the U. S. was by registered first class mail. Because it was uncut, Dealer Winston had not a cent of duty to pay when it arrived last week. Total cost to Dealer Winston for getting his huge gewgaw across the Atlantic: 64-c-.

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