Blondie (The Good) and Tuco (The Ugly) are con artists, trying to steal as much money as possible during the Civil War. Angel Eyes (The Bad) is trying to locate a bank robber going by the name of Bill Carson, in order to collect his stolen gold. After a few scams, Blondie cheats Tuco by keeping his share and leaving him in the dust. Tuco eventually finds Blondie and drags him off into the desert, torturing him in revenge. Then they run into Bill Carson, who tells Tuco the location of a graveyard where his stolen gold is buried. As Tuco looks for water to keep Carson alive long enough to help more, Carson tells Blondie which gravestone marks the buried gold, and dies before he can say more. Angel Eyes soon figures out that they know, and all three want a 50% share of the gold, but only two of them will get it.