The Story of the Treasure Seekers was the first novel for children by Nesbit; it and her later novels exerted considerable influence on subsequent English children's literature, most notably Arthur Ransome's books and C. S. Lewis' The Chronicles of Narnia. The American writer Edward Eager was also influenced by this and other Nesbit books, most notably in his Half Magic series, where he mentions the Bastable children and other Nesbit characters as heroes of his characters. Nesbit's influence on other British and American children's literature rests largely on the following motifs: her protagonists are a set or sets of siblings from a separated or incomplete family who must (or prefer to) amuse themselves alone while on holiday. Through magic or complex imaginative play, the children face perils that they overcome through pluck. Another notable feature is the depiction of the realistic quarrels and faults of the children.

The Story of the Treasure Seekers is a novel by E. Nesbit. First published in 1899, it tells the story of Dora, Oswald, Dicky, Alice, Noel, and Horace Octavius (H. O.) Bastable, and their attempts to assist their widowed father and recover the fortunes of their family. The novel's complete name is The Story of the Treasure Seekers: Being the Adventures of the Bastable Children in Search of a Fortune. The story is told from a child's point of view. The narrator is Oswald, but on the first page he announces: "It is one of us that tells this story – but I shall not tell you which: only at the very end perhaps I will. While the story is going on you may be trying to guess, only I bet you don't." However, his occasional lapse into first person, and the undue praise he likes to heap on himself, makes his identity obvious to the attentive reader long before he reveals it himself.

Edith Nesbit (15 August 1858—4 May 1924) was an English author and poet; she published her books for children under the name of E. Nesbit. She wrote or collaborated on over 64 books of fiction for children. She was also a political activist and co-founded the Fabian Society, a socialist organisation later affiliated to the Labour Party. She created an innovative body of work that combined realistic, contemporary children in real-world settings with magical objects – what would now be classed as contemporary fantasy – and adventures and sometimes travel to fantastic worlds. Nesbit also wrote for adults, including eleven novels, short stories and four collections of horror stories.