The poor sales suffered by "Lady Friend" were in stark contrast to the chart success of the band's first compilation album, "The Byrds' Greatest Hits", which was released on August 7, 1967. Sanctioned by Columbia Records in the wake of the Top 10 success of "Bob Dylan's Greatest Hits", the album was a critical and commercial triumph, peaking at number 6 on the "Billboard" Top LPs chart and giving the band their highest-charting album in America since their 1965 debut, "Mr. Tambourine Man". Within a year, the compilation would be certified gold by the Recording Industry Association of America, eventually going platinum on November 21, 1986, and is today the biggest-selling album in the Byrds' discography.