

Preteen orphans Paul and Maureen Beebe have come to live with their grandparents on the coastal Virginia island of Chincoteague. The two become enamored by Pony-Penning Day, an annual event wherein the Chincoteague Fire Department and a group of locals head for neighboring Assateague Island, round up a herd of wild ponies and auction them off as a fundraiser.
Paul and Maureen have their eyes on Phantom, a dashing mare so named because no one has ever been able to catch her. Brother and sister raise all the funds they can, but even if they somehow manage to pen the elusive Phantom, there’s no guarantee they’ll be able to afford her when the bidding begins.
Like So Dear to My Heart and National Velvet, Misty tugged at viewers’ heartstrings by showing the sweet affection between children and animals. Audiences were left misty-eyed, and kids everywhere begged for wild ponies of their very own.
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