Continuity mistake: When Bastian and Atreyu are sitting by the fireplace you see Atreyu put his arrow to the ground. When it cuts to a closeup he has the arrow in his hand again. (00:36:15)
Continuity mistake: When Bastian stands in front of the monster spraying it in the face with a spray can, you see Bastian stretching as far as he can, but he still can't reach any further up than the monster's chest. When it cuts, Bastian's hand is in the monster's face. (00:47:30)
Continuity mistake: When Bastian is holding the toast up in the air you first see a piece of tomato sliding out and falling down. When it cuts you see a tomato and some salad falling down. Then again when it cuts and the pieces falls to the floor the tomato is suddenly sliced and you see some pickles. (00:02:25)
Continuity mistake: When Bastian pushes the monster down the hole, you see Bastian hitting the monster with his right arm stretched out. When it cuts, Bastian hits the monster with his right shoulder. Best seen in slow motion. (00:47:10)
Continuity mistake: When Atreyu and Bastian is sitting by the fire you see Atreyu holding an arrow in his left hand when he is getting up. When it cuts the arrow is in his right hand. (00:36:25)
Continuity mistake: When Bastian stabs the toast and lifts it up you can see a big chunk of meat hanging out of the toast. When it cuts to a closeup of the toast the chunk is gone. (00:02:20)
Continuity mistake: When Bastian and Falcor fly out the gates of The Silver City, the gate closes in the same position three times. (00:27:15)
Continuity mistake: When Bastian grabs the roll of paper he pulls some paper over the kitchen bench. When it cuts, the paper is rolled back. (00:02:40)
Continuity mistake: When Bastian gets into Koreander's book store you can see a stack of books lying next to a huge book. Later when we see the stack with the 'Neverending story' book on top, the formation of the stack has changed. (00:08:50)
Continuity mistake: When one of the monsters comes up from the ground it is coming up right in front of Bastian. When it cuts, there are suddenly two monsters in front of Bastian, and the hole in the ground the monster came up from is gone. (00:18:50)
Continuity mistake: When Bastian is lying in his bed, he is looking at a picture which stands at the edge of his night table. When it cuts the picture has moved in on the table. (00:07:35)