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According to the liner notes on their album, drummer Nick Alexander, singers Liza Gonzales and Dave Riordan, guitarist Greg Likens, keyboard player Bill Masuda and bassist Bill Reynolds met while students at San Luis Obispo's Cal Poly.

Signed by Dot, their 1968 debut teamed the band with producer Frank Slay. Musically "The Yankee Dollar" was nothing less than wonderful. Gonzales and Riordan were both gifted with nice voices and on tracks such as "Sanctuary" and "City Sidewalks" effortlessly trading lead vocals. Backed by Likens' fuzz guitar (check out the great solo on "Live and Let Live"), Masuda's stabbing organ chords and occasional sound effects, the collection sported a sound that successfully blended folk-rock with Jefferson Airplane-styled psychedelic.

Musically the set offered up a standard mix of popular covers (Donovan's "Catch the Wind", Dylan's "The Times, They Are A-Changin'" and Chet Power's "Let's Get Together") and original material. While the covers were all nicely done, group penned originals such as "Follow Your Dream's Way" and "Johann Sebastian Cheetah" were even better. Inexplicably the set failed to sell. The band apparently subsequently called it quits.