"Nearly thirty years after the label closed its doors, a mysterious box of tapes turned up at an estate sale in Columbus, OH. Originally thought to be the lost Prix masters, it was instead discovered to be dozens of demos, rehearsals and a few finished songs recorded in Harmonic Sounds’ prime. The tape boxes were for the most part unmarked; creating a puzzle that would require some time to solve. Penny & the Quarters’ “You And Me” is a random rehearsal by a group no one can remember but, one more song we wouldn't let be forgotten." (via Numero Group)
Presumably teenagers at the time, Penny & The Quarters were invited to audition by Harmonic Sounds Studio in Columbus, Ohio, recording three demo songs in all. The group consisted of a female lead with three or four male backup singers and an accompanying guitarist. Like the singers, the name of the songs' composers are not known.[1]
The songs were recorded some time between 1970 and 1975 at either Harmonic Sounds Studio or at the home of studio co-owner Clem Price in Columbus. Relegated to storage, the songs were discovered after Price's death in 2006 when a collection of tapes and acetate records was purchased at his estate sale. They were subsequently given to an archival record company, The Numero Group, after a Columbus, Ohio musicologist came into possession of the recordings.
One of the songs they recorded, "You And Me" was released by Numero Group and was later heard by actor Ryan Gosling, who recommended it to the director Derek Cianfrance as the song meant to bring the two lead characters together in Blue Valentine.
Numero Group announced in 2011 that they were actively seeking members of Penny & The Quarters or their surviving relatives in order to share the growing record royalties from "You And Me". Ken Shipley of Numero Group told reporters, "we have played this recording to over 100 movers and shakers from the time and no one has a clue."
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