Misty (1961)

Each year, the Chincoteague fire department organizes a roundup of the wild ponies from Assateague Island, culminating in an auction to manage the herd's size. Eager to save the elusive Phantom pony, local children work hard to gather funds. Their determination leads to an unexpected twist when the Phantom reveals a charming surprise—a foal named Misty. As the children navigate their hopes and dreams, they find that the adventure holds more than just a chance to own a beloved pony; it’s about the bonds they forge along the way.