Factual error: When policemen are pursuing the Phantom in the park, their motorcycle tyres makes sounds and sparkles on the ground as if it was asphalt, but it's dirt.

Factual error: When Xander's thugs are taking the Phantom up to the roof to do away with him, he breaks away and ducks into the machinery room for the elevator. In the scene the door of the room is lockable from the inside only. This door should be lockable from only the outside.

Factual error: When the car pulls away from the front of the "New York World History Museum", you can see palm trees reflected on the car, revealing that "New York" was actually filmed in California.

Continuity: The Phantom and Diana take an airplane to escape the boat. Drax's henchmen shoot at it, touch the gas tank and gas starts flowing from it. You can only see gas two times, during close shots.

Continuity: At the end when Billy Zane takes off his mask, the black makeup around his eyes "magically" disappears, even before the eyepatch section gets pulled from his face.

Factual error: When the policemen are shooting at the Phantom in the park, bullets make little explosions when they hit the trees, as if it was metal.

Continuity: When the ropebridge is breaking near the beginning of the film, and the truck is in the middle of it, in a wideshot you can see planks of the ropebridge, in front of the truck, falling off. It cuts back to a closeup and all the planks of the bridge in front are now back intact.

Visible crew/equipment: Near the beginning when the Phantom is rescuing the little boy from the back of the truck, as he is hanging from the rope bridge, the safety carabiner holding him up is visible several times.