... with Ronald Colman in the title role, sounding and behaving as though he was born to play it.
Raffles is a British gentleman who supports himself by being a jewel thief - an amateur cracksman. The film opens with his burglary of a jewelry store with him leaving a calling card saying that this is his final burglary. He's fallen in love with Gwen (Kay Francis) and plans to leave this life behind because of his love for her. But then his friend Bunny appears, literally suicidal, and says he has written a bad check of one thousand pounds for gambling debts. His reputation will be ruined when the bank opens Monday morning and the check is known to be bad. So Raffles must pull one more job to help out his friend since he gave the jewelry in his last robbery to Gwen. He eyes the jewels of Lady Melrose as doing the job. Plus Bunny already has an invitation to go to the Melrose estate for the weekend for a big gathering that is going on there, so Raffles asks Bunny if he can go along. Realize that Raffles' criminal activity is a secret from everyone at this point - friends, family, servants.
But there are complications. Scotland Yard sends an inspector to the Melrose estate along with a cadre of cops because Scotland Yard thinks that the Amateur Cracksman will strike there that weekend. Also, there is a gang of burglars planning to steal the Melrose jewels themselves, under the cover of darkness. Then Gwen decides to pay a surprise visit to the Melrose estate, further complicating Raffles' plans to steal Lady Melrose's jewels.
I really can't say anymore without spoiling the fun for other viewers, but considering it is a very early talkie it is amazingly fluid and quite good at delivering suspense and comedy. Particularly amusing is Alison Skipworth as Lady Melrose. In her 50s, Melrose's heart still skips a beat around Raffles on who she obviously has a crush to the point that she talks about him in her sleep.
Dashing Ronald Coleman was unusual among silent cinema leading men in that his popularity was not diminished by the coming of sound. Many other leading men lost their popularity and their careers simply because they did not sound like what audiences expected. Colman had no such problem and with his excellent voice he was a natural with dialog. Watch this one and see what I mean. It delivers a great story well told, does not outstay its welcome, and supplies just the right amount of dialog.