Cancelled Quarter Rolls

I'm not sure what ATB's Cancelled rolls are? I know the banks in my area do not order ATB's. Please explain.

Thanks for the feedback eaglefoot.

The rolls of quarters I'm talking about are some of the very first coins to be minted in that style. Take a look on ebay... They are purchased at the event ceremony then stamped with special stamps to prove forever that they where purchased at the ceremony event. Sense they are BU and some of the very first to be minted, there is a high chance you could score some MS60's or even MS70's out of the rolls.

I'm somewhat new to this find as well so I'm sure someone with more experience could jump in and give there definition and or opinion about these coins. I hope anyway...

What do you say guys and gals! Anyone else find these collectable?

I believe the outside roll is stamped, not the individual quarters themselves.
I've read about a few opening ceremony's and always wondered what they were referring to when stamps were mentioned. I just figured they were special mailing stamps. Added to the ceremony to reach a broader base of collectors. lol
Thanks thats pretty interesting, will have to check them out.

IMO, it would be a waste of money to bust open a roll and submit some for grading. The cancelled roll itself has a guaranteed premium that would be lost when the roll is broken. Just because the coins are true First Day of Issue examples, there is absolutely no guarantee of Very Early Die State or high grade examples.

When the Mint does a launch ceremony are the rolls sold actually the first coins off the dies or just the first coins sold to the public? If the Mint doesn't have a good "first -in-first-out" inventory control system the first rolls sold to the public could be from dies with thousands of strikes.

Thanks again for the input everyone.

So I guess my next question is... What is the difference between cancelled rolls from the U.S. mint, vs cancelled rolls from the release ceremony? If neither of these would be considered "First Strike" or "Early Release" what is? Instead of posting a link to an active auction, I will simply quote the description.

FIRST DAY ISSUE US MINT QUARTER ROLL SET

CANCELLED ON JUNE 1 , 2010 THE OFFICIAL RELEASE DATE

THE OFFICIAL US MINT CEREMONY WAS ON JUNE 3 ,2010 SO THE CEREMONY

WAS HELD 2 DAYS AFTER THE RELEASE DATE

THE TWO ROLLS ARE SEALED & UNOPENED, THEY WILL BE PLACED IN OPEN

US MINT BOX THAT WAS CANCELLED WHICH THEY CAME FROM

THE DATE ON THE BOX IS 05/11/10

2010 Yellowstone National Park Quarter Two-Roll Set (YW1) , The Yellowstone National Park quarter is the second of 2010 and the second overall in the America the Beautiful Quarters™ Program. Each two-roll set consists of 80 quarters: one roll of 40 coins with the "P" mint mark for Philadelphia and one roll of 40 coins with the "D" mint mark for Denver.

The US Mint has never had anything to do with the cancellation, it is a postal cancellation done by the USPS. I attended two of the release ceremonies in Springfield, IL for the Lincoln cents. The US Mint in conjunction with a local bank was selling the rolls for face value on the grounds of the Old State Capitol. Once you had the rolls, you had to go to a designated local post office where the USPS had a table set up and a clerk was hand-cancelling the rolls with the stipulation that the roll have 44 cents worth of stamps on it for the cancellation(they had to get their cut of the action too). Those particular stamps were created specifically for the Springfield post office and the cancellation was not available any other way. When you see a post mark with "XXXX Station" and a zip code, that is an indication it is an official USPS cancellation stamp.