The 1902 King Edward VII Gold Matt Proof Five Pound Coin is in some ways unique because of it’s finish. Instead of the normal highly polished proof finish this coin has a matt proof finish.
Edward VII reined 1901-10 and for his Coronation in 1902 the Royal Mint issued an 11-coin (the short set) and a 13-coin set (the long set). The 11-coin set was the current silver circulation coins plus Maundy, sovereign and half-sovereign. The 13-coin set added the £2 and £5. All the gold coins where struck with a matt proof finish which was an experimental finish at the time.
Matt (often spelled Matte in the USA) is a textured finish, a sort of etched/sandblasted low-reflective surface. It was also popular on American gold proof coins in the early 20th century. It lost popularity soon afterwards.
The 1902 Gold Matt Proof £5 Coin weighs 39.94g (equivalent to 5 sovereigns). 22 carat (91.67%) gold. The obverse shows the head of King Edward VII and the usual Latin inscription. Below the head are the initials of the designer ‘De S’, G. W. De Saulles. The reverse is Benedetto Pistrucci’s George and the Dragon.
1902 was the only year when King Edward VII issued £5, £2 and Crowns.
On eBay UK:
 | Full Gold Sovereign 1964 £ 659.52 |
 | George V GOLD SOVEREIGN (1913) £ 608.52 |
 | George V GOLD SOVEREIGN (1911) £ 608.52 |
 | VERY RARE KING GEORGE THE IIII 1821 GOLD SOVEREIGN Too Good To Scrap Offers £ 771.72 |
 | 1872 victoria 22ct Gold Shield Back Sovereign machine doubling £ 669.72 |
 | 1887 Queen Victoria Double Sovereign £2 Gold Coin £ 1,281.72 |
 | 1859 Victoria Shield Gold Full Sovereign - RARE £ 822.72 |
 | Gold Sovereign King Charles III 2024 Royal Mint £ 598.32 |
 | 2025 Gold Proof Sovereign Coin £ 1,077.72 |
 | 1/4 Sovereign Gold Coin 2020 400th Anniversary In Presentation Box £ 167.12 |
 | 1963 Full Gold Sovereign Elizabeth II £ 659.52 |
 | 1894 Queen Victoria Veiled/Old Head Half Gold Sovereign Good Condition £ 435.11 |
 | 1893 FULL GOLD SOVEREIGN QUEEN VICTORIA £ 700.32 |
 | 2023 King Charles III Coronation Full Sovereign Gold Proof Coin PF70 Graded £ 750.00 |
 | Royal Mint 2010 GOLD PROOF QUARTER SOVEREIGN Limited Edition 22Ct £ 200.00 |
 | 2025 One Eighth Sovereign 22ct solid Victory gold coin - CHARLES III - VE Day £ 110.96 |
 | 1964 Elizabeth II Gold Sovereign Coin. £ 649.32 |
 | 2005 Gold Half Sovereign £ 348.42 |
 | 1905 Gold Half Sovereign Edward VII George & Dragon back - London (no mint mark) £ 333.12 |
 | 2024 One Eighth Gold Sovereign 22ct Solid Charles III 1/8 Coin 1g £ 109.92 |
On eBay USA:
| Full Gold Sovereign 1964 £ 659.52 |
| George V GOLD SOVEREIGN (1913) £ 608.52 |
| George V GOLD SOVEREIGN (1911) £ 608.52 |
| VERY RARE KING GEORGE THE IIII 1821 GOLD SOVEREIGN Too Good To Scrap Offers £ 771.72 |
| 1872 victoria 22ct Gold Shield Back Sovereign machine doubling £ 669.72 |
| 1887 Queen Victoria Double Sovereign £2 Gold Coin £ 1,281.72 |
| 2023 King Charles III Coronation Full Sovereign Gold Proof Coin PF70 Graded £ 750.00 |
| Royal Mint 2010 GOLD PROOF QUARTER SOVEREIGN Limited Edition 22Ct £ 200.00 |