Young Jim Hawkins, while running the Benbow Inn with his mother, meets Captain Billy Bones, who dies at the inn while it is beseiged by buccaneers led by Blind Pew. Jim and his mother fight off the attackers and discover Billy Bones' treasure map for which the buccaneers had come. Jim agrees to sail on the S.S. Espaniola with Squire Trelawney and Dr. Livesey to find the treasure on a mysterious isiand. Upon arriving at the island, ship's cook and scaliwag Long John Silver leads a mutiny of crew members who want the treasure for themselves. Jim helps the Squire and Espaniola officers to survive the mutiny and fight back against Silver's men, who have taken over the Espaniola.

The ship used in the film is The Bounty from the 1962 production of Mutiny on the Bounty (1962).

[the pirates have heard what appears to be the ghost of Captain Flint]


George Merry:
Long John, don't you go crossing no spirit!


Long John Silver:
Spirit, eh? Maybe. But man, beast, or spirit... I don't care if it's Beelzebub himself. I'M GONNA GET THAT LOOT!

Revealing mistakes: During the scene where Flint's men are attacking the inn, Mrs. Hawkins is carrying a candlestick... with an electric cord running from it.