Nobody could capture the Phantom, she was the wildest mare on Assateague Island. They said she was like the wind, that the white "map" on her shoulder was her mark of freedom.

Paul and Maureen Beebe had their hearts set on owning her. They were itching to buy and tame her, and worked hard to earn the money she would cost. But the roundup men had tried to catch her for two years, and she had eluded them ...

Pony Penning Day holds a surprise for everyone. Paul not only brings in Phantom, but her newborn filly as well. Can Paul and Maureen possibly earn enough to buy them both?

This heartwarming story is based on the annual pony auction, which funds the local fire department and provides resources to care for the wild herd of Chincoteague Ponies. The Phantom and Misty were real ponies, with descendants still on Chincoteague and Assateague islands, on Virginia's Eastern Shore.