Released : August 21, 1987
Recorded : July 1987 at A&M Studios, Santa Monica, California, Conway Studios, Los Angeles, California
Genre : Thrash metal, speed metal
Length : 25:04
Label : Elektra, Vertigo
Producer : Metallica
The EP was the first recording the band made with Jason Newsted (referred to as "Master J. Newkid" in the liner notes) playing bass. The EP consisted entirely of covers of late-'70s and early-'80s NWOBHM bands and hardcore music rehearsed in Lars Ulrich's garage and later recorded in a new studio the band had constructed (also according to the liner notes). The band included the dollar price in the title (which was printed on the cover) in an effort to ensure that fans weren't overcharged for it. The official U.S. CD release of the EP amended the title (and the price) to The $9.98 CD..., while other countries (such as Australia) still displayed $5.98 EP with a sticker stating that this was the title and not the price.
Though the EP has been out of print for many years and is considered a collector's item, all five tracks were later included on the 1998 double-album Garage Inc. (along with numerous other covers the band had recorded over the years). The cover of this CD also was used as a basis for the Garage Inc. back cover, which showed the members as of 1998.
The song "The Wait" was omitted from the UK pressings of the album in order to conform to local music-industry rules regarding the length of EPs.
1. Helpless (Diamond Head)
2. The Small Hours (Holocaust)
3. The Wait (Killing Joke)
4. Crash Course in Brain Surgery (Budgie)
5. Last Caress/Green Hell (The Misfits)