Nearly 9 million copies of the CD have been sold since it was released in 1994.
It also appeared on the Billboard Top 200 chart for two years before moving to the upper reaches of Billboard's Catalog Albums chart for 660 weeks, Capitol/EMI said Wednesday.
"There is a signature richness and power to the music that Bob Seger has been making for four decades, and as succeeding generations have discovered those qualities, his reputation as an artist and songwriter has only grown," the record label said in a news release. "His work represents the honest best of what rock 'n' roll can be. It's passionate, unpretentious, uplifting and true to itself and its audience. Perhaps most of all it is distinctly American, a plainspoken testament to the dignity, hopes and aspirations of ordinary working people."