No prints of this film are known to survive.
Although a lost film, the trailer survived and is one of the 50 films in the 3-disk boxed DVD set called "More Treasures from American Film Archives, 1894-1931" (2004), compiled by the National Film Preservation Foundation from 5 American film archives. It is preserved by the Library of Congress (AFI/Jack Tillmany collection) and has a running time of 1 minute.
Prior to the release of The Great Gatsby (1974), Paramount Pictures suppressed the distribution of nitrate prints for The Great Gatsby (1926) and The Great Gatsby (1949) in order to deter theaters from playing those earlier versions instead of their upcoming 1974 version. This decision led to prints for both films being lost. In 2012, a print of the 1949 version was rediscovered. The 1926 version, however, is still lost.
Contrary to popular belief, Warner Baxter was not the first actor to portray Jay Gatsby. The first individual to play the role of Gatsby was 37-year-old James Rennie in the earlier Broadway production of "The Great Gatsby" by Owen Davis, based on the novel by F. Scott Fitzgerald. The play opened at the Ambassador Theater on February 2, 1926. The play ran for 112 performances and was directed by future movie director George Cukor.
Although the novel is set in 1922, both this movie and the Broadway play by Owen Davis are set in Summer 1925.