In this episode, Mr. Neddie Seagoon becomes a junk millionaire by cornering the world market in junk. However, he soon finds himself up against the notorious Grytpype-Thynne and Moriarty, who are up to their usual tricks. The story involves a piece of junk being stolen from the official Bank of England safe and the comedic events that follow as Seagoon tries to stop Grytpype-Thynne and Moriarty from cornering the market.