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“That was where she must have been before I reached the Vanderveer,” I exclaimed.

Kennedy nodded. “But why did she go there?” he asked. “And why was she talking with Preston?”

Inasmuch as I couldn’t answer the questions I didn’t try, but waited while Craig reasoned out some method of attack on them.

“Since it’s known that we’re working on the case of Rawaruska,” he ruminated half an hour later over an untasted lunch, “we might just as well take the risk of seeing Margot himself. Let’s go down and look his shop over.”

So in the middle of the afternoon, when Fifth Avenue was crowded with shoppers, we paused before Margot’s window, looking over the entrancing display of precious stones gleaming out from the rich black velvet background, and then sauntered in, like any other customers.

Kennedy engaged the salesman in talk about necklaces and lavallieres, always leading the conversation around to the largest stones that he saw, and dwelling particularly on those that were colored. As I listened, trying to throw in a word now and then that would not sound absolutely foolish, I was impressed by a feeling that Margot’s, even though it was such a fashionable place, was what might be called only a high-class shyster’s. In fact, I recalled having heard that Margot had engineered several rather questionable transactions in gems.

“I’m much interested in orange stones,” remarked Kennedy, casually turning up a flawless white diamond and discarding it as if it did not interest him. “Once when I was abroad I saw the famous Invincible, and a handsomer gem than it is I never hope to see.”

The clerk, ever obliging, replaced the tray before us in the safe and retired toward the back of the shop.

“He suspects nothing, at least,” whispered Kennedy.

A moment later he returned. “I’m sorry,” he reported, “but we haven’t any such stones in the house. But I believe we expect some in a few days. If you could–“

“I shall remember it; thank you,” interrupted Kennedy brusquely, as I caught a momentary gleam of satisfaction in his eye. “That’s most fortunate. I’ll be in again. Thank you.”

We turned toward the door. In an instant it flashed over me that perhaps they were recutting the big Invincible.

“Just a moment, please, gentlemen,” interrupted a voice behind us.

A short, stocky man had come up behind us.

“I thought you did not look like purchasers, nor yet like crooks,” he said defiantly. “Did I hear you refer to the Invincible?”

It was Margot himself, who had been hovering about behind us. Kennedy said nothing.

“Yes,” he went on, “I am cutting a large diamond, but it is not like the Invincible. It is much handsomer–one that was discovered right here in this country in the new diamond fields of Arkansas. The diamond itself is already sold. And you would nevair guess the buyer, oh, nevair!”

“No?” queried Kennedy.

“Nevair!” reiterated Margot.

“It could not be delivered to a woman who was once the maid of Rawaruska, the Russian dancer?” Craig asked abruptly.

Margot shot a quick and suspicious glance at us.

“Then you are, as I suspected, a detectif?” he cried.

Kennedy eyed him sharply without admitting the heinous charge. Margot returned his look and I felt that of all sayings that about a dishonest man not being able to look you in the eye was itself the least credible. He laughed daringly. “Well, perhaps you are right,” he said. “But whoever it is, he is lucky to have bought a stone like it so cheaply!”

The man was baffling. I could not figure it out. Had Margot been simply a high-class “fence” for the disposal and convenient reappearance of stolen goods?

We returned uptown to our apartment to find that in the meantime Wade had called up again. Kennedy got him on the wire. It seemed that shortly after we left Margot’s Cecilie had called again and had gone off with a small, carefully wrapped package.

“A strange case,” pondered Kennedy, as he hung up the receiver. “First there is a murder that looks like a suicide, then the sale of a diamond that looks like a fake.” He paused a moment. “They have worked quickly to cover it up; we must work with equal quickness if we are to uncover them.”