Songvest launches holiday auction of Monkees' songs

SongVest, the company that recently reinvented the music memorabilia business by offering the ultimate fan collectible — the songs themselves — has announced their next major online auction with a twist.

Just in time for holiday shopping, beginning Dec. 10, 2008, and running through Dec. 13, 2008, SongVest presents fans with the incredible opportunity to own a percentage of the writer’s share of royalties paid by EMI Music Publishing on songs made famous by The Monkees.

By auctioning off a portion of her share, Caroline Boyce, widow of songwriter Tommy Boyce (half of the famed writing duo Boyce and Hart), is giving Monkees fans an unprecedented chance to participate in the careers of their favorite musicians. As SongVest is now adding additional shares with lowered percentages — equaling lower auction reserves for select items — the opportunity is within reach of all fans.
 
Songs included in SongVest’s Monkees holiday auction include:
 
• “(Theme  from) The Monkees”
1 numbered, limited-edition 10 percent share
5 Numbered, limited-edition 1 percent shares

• “Last  Train to Clarksville” 
1 numbered, limited-edition 20 percent share
5 numbered, limited-edition 2 percent shares

• “I’m Not Your Stepping Stone” 
1 numbered, limited-edition 5 percent share
5 numbered, limited-edition 1 percent shares

• “I  Wanna Be Free”
2 numbered, limited-edition 5 percent shares

• “Words” 
2 numbered, limited-edition 5 percent shares
 
In addition to winning a share of the royalties generated by their chosen Monkees songs, the high bidders also will receive a limited-edition, personalized and numbered RIAA-certified album award plaque.
 
Song revenue information can be found at www.SongVest.com.
 
The Monkees aired from 1966-1968 on national primetime TV, and this SongVest auction marks the 40th anniversary of the show’s finale. During their show’s original run, the beloved band generated two #1 hits, three Top 10 hits and four #1 albums, out-selling The Beatles and The Rolling Stones combined in 1967, with more than 16 million albums sold.
 
"(I’m Not Your) Steppin’ Stone," written by Tommy Boyce and Bobby Hart, was a hit for The Monkees (US #20) and was covered by many artists, such as Paul Revere and the Raiders (whose version actually predated The Monkees), The Sex Pistols and more. It was also a hit for PJ & Duncan in 1996, when it reached #11 on the British Singles Chart.

"Last Train to Clarksville," included on The Monkees’ 1966 self-titled album, was the group’s debut single, and peaked at #1 on the Billboard Hot 100 chart in the United States. According to the song’s authors, Boyce and Hart, the song is their protest of the Vietnam War. The tune tells the story of a young man who has been drafted and is waiting for the train that will take him to an army base, knowing he may die in Vietnam.

By connecting songwriters with fans, SongVest has created a new and viable venue for the trading of artists’ intellectual and commercial property — their song rights and multiple associated royalty streams. Buyers make money every time the songwriter does; and usi

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