Since 1966 was to have no new Beatles long-player released for the UK Christmas market, EMI decided to release its first greatest hits compilation.
A Collection Of Beatles Oldies contained eight tracks which had previously appeared on UK albums, and a further eight singles tracks which were issued here on LP for the first time. Just one song, Bad Boy, was previously unreleased. This made the album an essential purchase for 1966 Beatles completists, although it was less value for money for other fans.
The album was issued as Parlophone PMC 7016 (mono) and PCS 7016 (stereo). It entered the UK charts on 10 December 1966, and peaked at number seven. In all it spent 34 weeks on the charts.
A Collection Of Beatles Oldies was the first Beatles album to fail to reach number one. At the time Revolver was still selling strongly, and the top seller that Christmas was the soundtrack to The Sound Of Music.