Critical Reception
Due to its eerie background and the stunt work of Richard Talmadge, Cline considers Pirate Treasure the most memorable of the costume serials. Hans J. Wollstein at Allmovie does not consider the acting or writing to be of a high standard but praises the stunts: "Talmadge's acrobatics are as exciting today as they must have been in 1934." Wollstein especially highlights the stunt in chapter three (Wheels of Fate) in which Talmadge falls between awnings from the top of a building.
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