From his 1966 album The Feel Of Neil Diamond, “Cherry, Cherry” was at first titled Money, Money, but the head of the record company wanted something lighter and more teen-friendly.
Of course a few years later Tommy James and the Shondells released “Mony, Mony” — I can only imagine the court battle and confussion with that!
There are no drums in the song, because the hit version was a demo with hand clapping providing the beat.
When they recorded it in the official session with drums, it didn’t capture the same feeling as the demo, so they went without.
However a version with drums was released later on Neil’s 1966 anthology album.

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