When Raggedy Ann and Andy pick a lucky penny from the Lucky Penny Tree, they have no idea that it will lead them to all sorts of new friends and adventures! Right after they meet a prince who has lost his memory, they are captured by the wicked King Growch, who locks them up in his prison coop. They escape thanks to Lovey Lou and Ponko the puppy dog, and soon learn that there is a mystery at the King's castle -- and a missing prince. With the help of two nice witches, lots of wonderful friends, and their own wishing magic, the Raggedys do their very best to solve the mystery and restore happiness to the whole kingdom.