Pinky Cochrane is one of a trio of starving artists: the other two are Sam Wellbridge and Mac MacTavish. When one of their favorite models dies, the three heroes take charge of the woman's infant son Victor. Once the boy has grown to manhood, his three foster fathers decide to choose a likely wife for their "shared" son.

"Damaged Goods" pictures the terrible consequences of vice and the physical ruin that follows the abuse of moral law. It is a stirring plea for a pure life before marriage, in order to make impossible the transmission of hereditary traits to future generations. This film is presumed lost.