Using a paring knife, split the vanilla bean down the center and place in a small saucepot with the orange and grapefruit juice. Bring to a boil, and then cool immediately.
When cool, put into a large pitcher and add the tequila, lime juice and agave. Mix well to combine all the ingredients. Add some ice, and then pour into 4 cocktail glasses. Garnish with lime discs. Enjoy.
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