Joan Robinson works as a governess for a wealthy family. She attends a party thrown by her employer and, although she is an attractive young woman, she is completely ignored until one of the guests, Count Borselli, appraises the beads she is wearing as a valuable string of pearls. She proteststo no avail, knowing they are imitations. Her whole life changes. She is invited to parties, and wooed by a fortune hunter. When it's finally learned that the beads are worthless, she is fired and her suitor loses interest. The count admits that, provoked by the snobbish socialites, he deliberatly lied about the beads. In the end, he and the governess fall in love.