Sir Arne of Solberga is introduced as a vicar and wealthy man who is said to be under a curse as his treasure - a chest full of silver coins - is said to have been looted from the monasteries during the Protestant reform and, according to premonitions, will one day be his doom.

Elsalill is taken care of by a travelling fishmonger who happens to be there and lets her live with him and his mother in Marstrand, where the Scottish officers have arrived and are waiting for the ice to break so they can sail away.

The first plan for a film adaption of Selma Lagerlöf's The Treasure at Svenska Biografteatern, the dominating production company in Sweden during the silent era, was in 1915, but fell through.

The screenplay by Mauritz Stiller and Gustaf Molander differs from the novel in that it tells the story in a more strictly chronological order, and incorporates some details which were introduced in the German play.

[1] Filming took place from 12 February to 10 May 1919, in the studio area of Svenska Filmbiografen, later AB Svensk Filmindustri, on Lidingö, Stockholm, where the alleys of Marstrand had been reconstructed.

Other exterior scenes were shot in the nearby area on Lidingö and Lilla Värtan, as well as around Furusund in the Stockholm archipelago, where the ship had been left over the winter and frozen in.