在这部黄真伊片中,官府小姐黄真伊才貌兼备，和名门子弟定有婚约。婚礼的前一天，一个单恋黄真伊成痴的贫民小子自杀了。黄真伊知道后，脱下自己的内裙搭在死者的身上，以慰亡灵。此事很快传到新郎耳中。新郎不能容忍新娘惊世骇俗的行径，决定退婚。经过此事，黄真伊看破世情，从此走上风尘之路。即便身为烟花，黄真伊仍然与明月松涛作伴，性情高雅。一个叫碧溪水的人听闻黄真伊的才貌，寻来一睹芳容。两人相见彼此钟意，但碧溪水要出使中国，不得不离开，并向黄许诺一定回来再见她。谁知碧溪水一去不返。后来，为了生计，黄真伊开始和一个叫李生的人交往。黄真伊无意中发现李生准备把自己卖给男寺党（韩国古时一个艺人团体）。黄真伊悄悄离开这群人，消磨余生。
Magistrate Hwang's daughter Jin-yi, is jilted before her wedding because a shoe maker was smitten with her and commits suicide. Jin-yi becomes a courtesan, and becomes famous for her wits and beauty. She falls for Byuk Kye-su, but he's chosen to be an envoy to a far off kingdom. When he leaves she feels so betrayed she takes to a life of wandering. She meets Lee Saeng, a destitute scholar, and stays with him until she discovers he's going to sell her to a group of itinerate clowns. Instead, she joins them willingly.
