Ivan Igor (Lionel Atwill) is a Sculpture who operates a wax museum in 1921 London. He gives a private tour to a friend, Dr. Rasmussen (Holmes Herbert) and an investor, Mr. Galatalin (Claude King (English actor)) showing them sculptures of Joan of Arc, Voltaire, and his favorite, Marie Antoinette. Formerly a stone sculptor who did wax modeling as a hobby, he explains he turned to wax sculpting completely because he felt more "satisfied" that he could reproduce "the warmth, flesh, and blood of life far better in wax than in cold stone". Mr. Galatalin, impressed by his sculptures, offers to submit Igor's work to the Royal Academy after he returns from a trip to Egypt.