Lovejoy buys a Welsh dresser at Charlie Gimbert's auction, and hidden inside it he finds a rich Arab head-dress, festooned with gold ducats. Catesby, recently out of prison and the son of the dead man whose property was being sold at Gimbert's, says he was promised the dresser. Lovejoy sells it back to him, but without the head-dress. Catesby is soon looking for Lovejoy armed with an axe. He is in good company, as one of Her Majesty's Inland Revenue officers is also after Lovejoy.

Lovejoy values the house contents of an elderly widow, an old friend of Jane's, who is burgled soon afterwards. Finding he is the local police's prime suspect, Lovejoy decides to work out for himself (with the help of Brian Nunn, a remarkable bin man) who was behind the burglary. Matters are complicated by Eric's 'bin diving' habit.

Dealer Harry Catapodis has sold some fakes to Cassandra Lynch, a beautiful American widow Lovejoy knows. Caught out, Harry offers to buy the things back from Cassandra, but he admits he will then sell them on to someone else. With a Japanese business man and others, Lovejoy aims to get back at Harry - and to make some money and seduce Cassandra at the same time.

Dealer Harry Catapodis has sold some fakes to Cassandra Lynch, a beautiful American widow Lovejoy knows. Caught out, Harry offers to buy the things back from Cassandra, but he admits he will then sell them on to someone else. With a Japanese business man and others, Lovejoy aims to get back at Harry - and to make some money and seduce Cassandra at the same time.

Lovejoy gets dragged into a sinister plot concerning Mussolini's nose and the burial at sea of Captain Bucknall (Jane's old house-keeper's brother). He is given the job of selling the late Captain's medals, and there is a smart fashion photographer who wants them, but then some drunken sailors come into the picture and he has to deal with the gun-toting Angelo Pantaloni...

The Reverend Harry Nettles claims there is a mosaic floor belonging to a Roman villa in the field next to his church, which is about to be built on. Nobody believes him, and the county archaeologist has agreed to the plans, so Lovejoy races to thwart the developer. He also has a dance with Jane, newly separated from Alexander...

Lovejoy is evicted from his rented cottage, as Freddy the Phone, his landlord (also known as Frederick Arthur Haig Montgomery Wavell Reeve) owes back taxes on it. So Lovejoy takes to the road and acquires a commode said to have belonged to the French Emperor Napoleon Bonaparte... and the next thing is to hunt down a continental expert to authenticate it. Did 'Boney' really sit here?

On a visit to Frankie's scrap yard Lovejoy acquires an ancient cannon. He takes a trip to the Tower of London to see what he can find out about it, and while he's away an ordnance expert going under the name of Major Turpin tries to steal the cannon from under Eric's nose.

Lovejoy buys a set of James Gillray drawings, which turn out to be copies. While trying to sell them, Eric finds a stolen statue with an aristocratic connection at the house of some friends of Jane's. Then there's a Royal Visit to consider...

Lovejoy has a dangerous plan, which includes putting himself in the hands of a notorious moneylender and risking the future of his daughter, Vicky.But then, ""Those who hazard all do it in hope of fair advantages...""