Sir George, Gary Lockwood, is the foster son of Sybil, Estelle Winwood, an elderly, somewhat ineffectual sorceress who raised him after his royal parents died of the plague in infancy. George has fallen in love with Princess Helene, Anne Helm, but she is kidnapped by Lodac, a menacing wizard who brazenly tells her father that he intends to feed Helene to his pet dragon in seven days, a cruel act of vengeance for the death of his sister. George is determined to embark on a perilous quest to free his beloved, yet Sybil frets that he is still too young at twenty to face such dangers.
To distract him, Sybil unveils a suite of magical wonders: a gleaming sword, a sleek magical steed, an invulnerable suit of armor, and six knights who will awaken and follow his leadership when he comes of age. In a bold if impetuous moment, George outwits the elder woman, locks her away in a cellar, and departs with the enchanted implements and his newly revived retinue. The group appears before the King, Merritt Stone, and pleads for a royal sanction to ride to Lodac’s fortress, promising Helene’s hand in marriage and half the kingdom as reward.
Helene is forced to watch Lodac feed two captive sisters, Princess Laura and Princess Grace, to his dragon, a grim prelude to the perilous journey ahead. The path to Lodac’s castle is blocked by seven curses, starting with a brutal encounter with an Ogre, who slays Sir Ulrich of Germany, Paul Frees, and Sir Pedro of Spain, David Cross, before Sir George can end the monster’s threat. When George attempts to rescue Sir Anthony of Italy, Taldo Kenyon, from certain death in a treacherous magic swamp, Branton, Liam Sullivan, betrays him by kicking him into danger. Anthony is dissolved and lost; George survives with the aid of his magical sword.
The plot thickens as Branton secretly aligns with Lodac, possessing Lodac’s ring—an object the sorcerer craves to restore his fading power. Lodac’s trap tightens when Sir Dennis of France, Jacques Gallo, arrives with Mignonette, Danielle De Metz, a French beauty who distracts him before Lodac’s ugly hag form strikes. George rescues Dennis with his magic shield, only to learn that the wizard can sense his magical assistance growing stronger.
Lodac, aware of the growing magical aid, mocks Sybil’s abilities and taunts her. In a rash attempt to help, Sybil calls forth a spell that inadvertently strips George of his powers, leaving him vulnerable at a critical moment. The pursuit escalates: Sir Dennis and Sir James of Scotland, Angus Duncan, perish in a heat spiral as they push ahead, while Branton leads George and Sir Patrick of Ireland, John Mauldin, into a trap, revealing his partnership with Lodac and sealing them in a cave where deadly green apparitions threaten them. Patrick’s faith allows George to escape, at the cost of Patrick’s life.
George slips into Lodac’s castle, frees Helene only to be captured himself, while Lodac presents Helene—actually Mignonette—in disguise—to Branton. Once Lodac gains the ring, he uses magic to smash Branton’s head onto a wall plaque. George is bound, but a number of shrunken prisoners come to his aid and enable a daring escape. Sybil arrives and, at last, remembers the spell that restores George’s magical powers. Re-empowered, George faces the dragon with renewed courage and slays the two-headed beast to save Helene. In the chaos, Sybil seizes Lodac’s ring while Lodac is distracted, and, when Lodac threatens a seventh curse on the young couple, Sybil transforms into a mighty panther and kills him.
With Lodac defeated, Helene and George marry, and the six knights regain their former life. All ends with Sybil walking away, a contented smile on her lips, and the dragon ring heavy on her finger.