Erased Tapes released its 5th Anniversary box set in 2012 entitled Erased Tapes Collection V, a collection of five seven-inch records carrying ten exclusive songs recorded by Erased Tapes artists in celebration of the label's fifth birthday.

Designed by Torsten Posselt at FELD Berlin the Erased Tapes Collection V comes in a deluxe, hand-assembled outer box, emblazoned with a detailed debossing of the mountain-shaped logo. The black box opens at an angle and reveals five screen-printed inner sleeves carrying five dinged 7" records, plus a hand-numbered sixth inner. The additional sleeve contains a mountain-shaped record centrepiece, an anti-static cleaning cloth and has a unique code imprinted on the back. 

"When you look closely at the debossing on the front of the box, you will recognise the time and pressure lines of the seismographic disc on which the original mountain was drawn back in 2007, embodying the constancy and timelessness of the music. I very much like the idea that this collection is limited to a certain amount of copies. And if you own it, you're one of only a few people out there that can give these ten exclusive songs a spin. There's something beautiful to limitation and restraint that resonates with the whole idea of Erased Tapes." – Robert Raths, label founder