The Monkees most lucrative venture the three had ever seen in their days as the Monkees, far surpassing the money they had made in the 1960s. Nesmith had little financial need to join in Monkees-related projects, mostly as his mother Bette Nesmith Graham was the inventor of Liquid Paper, leaving Nesmith an inheritance of over $25 million upon her death in 1980. A new album by the touring trio, "Pool It!" (the Monkees' tenth), appeared the following year and was a moderate success. From 1986 to 1989, the Monkees would conduct major concert tours in the United States, Australia, Japan, and Europe.
Monkee Flips and a mono mix of "Love Is Only Sleeping." The sleeve and label are the same for both releases, with only an "RE-1" in the run-off groove of the vinyl denoting the update. The album cover shows a still photograph of the Monkees (with Peter Tork playing banjo) from a filmed performance of "What Am I Doing Hangin' 'Round," featured in the second season episode of "The Monkees" entitled "A Nice Place to Visit." The liner notes included a detailed recap of the Monkees' career, with then-recent interview comments from Nesmith and Dolenz. "Monkee Flips" went out of print as