Peter Munk (Lutz Moik) lives in the Black Forest with his mother and makes a modest living selling charcoal in the nearest town. He is deeply in love with the beautiful Lisbeth and equally as jealous of the arrogant Ezechiel, a wealthy merchant who frequents the local tavern. Desperate to improve his social standing, Peter appeals to a mischievous forest spirit – the Glass Imp – for help. The Imp grants Peter two wishes, but only with strict conditions attached that leave him wanting more. He then turns to the infamous Dutch Michael, a reclusive warlock who can give Peter anything his heart desires – but only if he’s willing to exchange his heart for one made of stone.

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