Paul and his sister Maureen's determination to own a pony from the herd on Chincoteague Island, Virginia, is greatly increased when the Phantom and her colt are among the ponies rounded up for the yearly auction.

Part one.Before Misty -- 1. Live cargo! -- 2. The island of the wild things -- Part two. Misty of Chincoteague -- 3. The phantom -- 4. Sacred bones -- 5. A piece of wind and sky -- 6. -- Pony penning day -- 7. She can't turn back -- 8. Caught in the whirlpool -- 9. On the pony penning grounds -- 10. Colts have got to grow up -- 11. Storm-shy -- 12. The sold rope -- 13. A pony changes hands -- 14. The wickie -- 15. The fire chief pays a call -- 16. The pully bone -- 17. Wings on her feet -- 18. A wild bugle.