First Edition. Courtney Allen dustjacket art and illustrations. "Charles Selden, the hero of The Pearl Lagoon, is sent to the South Seas on the ship Tara to manage temporarily his uncle's copra business. Uncle Harry has told the boy of a mysterious derelict, whose strange career of death and shipwreck he has learned from the lips of a dying Irishman. Early in the voyage occurs the first in the strange chain of perilous chances which lead to the recovery of the derelict and the finding of its unexpected cargo." Almost Near Fine, gift bookplate at front pastedown, in nearly Very Good dustjacket, nickel sized chip at top front panel, chipping at spine ends and top and lower front panel, soiling to spine.