British? Well, yes and no. Or rather, no and yes. Sort of. Your analysis of the poem is good, if not quite right in all respects.
Here're some more lines, this time from the first stanza, since no-one's jumped in yet.
Quote:
Like a van-load of counterfeit that has been seized
And sits in piles in a police warehouse,
My enemy's much-prized effort sits in piles
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