- The legendary Philosopher's Stone is recovered and then lost again.
- High upon a stark cliffside, an Asian monk climbs up to reach a massive tree, atop which lies a great eagle's nest. The Asian man finds the eagle's egg, which glows when he touches it. The mother eagle returns and transforms into even greater size, dropping the man and the egg off the cliff. He's killed by the impact, but the egg survives the fall and seems to become angular and golden. The eagle carries off the egg, and a narrator explains that it's the Philosopher's Stone, with the power to change any base metal into gold. One thousand years later, Dr. Benton Quest, Hadji Singh, and Dr. Montegue uncover the Philosopher's stone beneath rock and snow in a remote location. Montegue wishes to try its legendary powers out, but Hadji and Dr. Quest feel it belongs in the museum that commissioned their exploration. Some time later, two masked bandits steal the egg-shaped stone from a museum. As the female thief waits for her getaway car, the shadow of an eagle approaches, becoming the form of an old woman who commands her to replace what she has taken. The elderly woman tells her that the power of the stone isn't meant for the material world, but she disappears when the getaway car arrives. The thieves take the egg to Dr. Montegue, who tries it out with loose nuts and bolts. Its activation causes the Asian to appear and warn him that those using the stone who are not pure of heart will be destroyed. Montegue declares that he's only interested in knowledge, not money, causing Dr. Faust to appear and warn him of obsession. Meanwhile, at the museum, Jonny Quest finds a bird feather and sees the eagle's shadow. He climbs the scaffolding to find an old woman who wishes to recruit him for some cause. Jessie Bannon climbs up, and the two go to the roof to follow the old woman after Hadji saves Jessie from falling. Jonny and Jessie see the eagle swoop over the city, and pursue with Hadji on the ground. The eagle leads them to the window of a building; inside, Merlin chides Montegue for his alchemy, but Montegue celebrates when his process produces two bars of pure gold. Jonny, Jessie, and Hadji alert the police, but by the time they arrive, Montegue has departed with his equipment. Some time later, he's shown arriving at a mansion with a massive laboratory for his alchemy; he delivers a soliloquy on the power of gold and money. Merlin and Dr. Faust appear and tell him he's lost his soul and cannot produce more gold, prompting Montegue to plan to capture someone with a pure heart. He calls his two thugs and offers them $2 million to abduct the Quest kids from the Quest Compound. They succeed, and Montegue asks Hadji to run the program while Jonny and Jessie ask for water. Hadji uses the distraction to send an e-mail for help. Montegue threatens to kill Jonny and Jessie, but when Hadji complies with his demand, the stone unleashes the eagle, which starts destroying the lab equipment. The thugs try to kill it, but it splits into several smaller birds, starting a fire and overwhelming Montegue and the thugs. The lab explodes as Jonny, Jessie, and Hadji run to safety.
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