0Nobody 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 shoulders 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 capture her and for two years she had escaped them...

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

Marguerite Henry's Newbery Honor Book has captivated generations of boys and girls both with its thrilling descriptions of true incidents from the tiny island of Chincoteague, and its realistic yet wonderfully magical atmosphere. This story of an animal brought into captivity poignantly reveals the powerful opposing forces of humans and nature.