In 1963, Michael Nesmith, who would later become a member of the Monkees, had his first single called “Wanderin’.” Released on Highness Records, an original copy can sell for $1,000.00 but Michael’s mom is worth so much more. Bette Nesmith Graham invented what became known as Liquid Paper. Liquid Paper also known as “white-out” was sold to Gillette for $47.5 million dollars.