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:
 | 1910 Half-Sovereign Gold Coin. Edward VII, XF-45 Grade. Collectors Choice £ 295.00 |
 | 22ct GOLD GEORGE V 1911 FULL SOVEREIGN St GEORGE & DRAGON COIN £ 600.00 |
 | 22ct Gold Full Sovereign Coin 1900 with 9ct Gold Pendant Mount - Queen Victoria £ 750.00 |
 | 9ct Yellow Gold on Silver Sovereign Coin Ring - ALL SIZES AVAILABLE inc LARGE £ 29.95 |
 | 1966 22ct Full Gold Sovereign Coin £510 £ 510.00 |
 | 1964 22ct Full Gold Sovereign Coin £510 £ 510.00 |
 | 1974 22ct Full Gold Sovereign Coin £510 £ 510.00 |
 | 1958 22ct Full Gold Sovereign Coin £510 £ 510.00 |
 | 2002 Elizabeth II JUBILEE SHIELD BACK HALF SOVEREIGN COIN 22ct Gold £ 280.00 |
 | 2000 Elizabeth II MILLENNIUM HALF SOVEREIGN COIN 22ct Gold £ 270.00 |
 | 2017 Gold Proof Sovereign, Elizabeth II, 200th Anniversary of the Sovereign £ 850.00 |
 | 1891 Victoria Jubilee Head Shield Back Gold Half Sovereign Coin £ 290.00 |
 | London Mint Office 2015 Gold 1/4 Quarter Sovereign Coin (1.99g 22ct) Proof £ 209.00 |
 | CHUNKY, 22ct FULL Sovereign Gold Coin 9ct Gold mount, 2001, Size Z, Bullion £ 1,249.99 |
 | 9ct Yellow Gold on Silver Sovereign Double Coin Necklace - Gift Boxed - NEW £ 74.95 |
 | FULL HALF 1/10 St George Sovereign-Size RING 9ct YELLOW GOLD Coin Dragon Slayer £ 299.90 |
 | 1967 Gold Full Sovereign Queen Elizabeth II - 22ct Gold Coin £ 550.00 |
 | 2013 Gold Quarter Sovereign in BU finish £ 155.00 |
 | 9ct Gold 20mm Diameter Plain Round Half Sovereign Coin Mount Pendant £ 270.29 |
 | 375 9ct Solid Yellow Gold Mens Round Sovereign Coin Ring 18mm Size Q £ 219.00 |
On eBay USA:
| 1910 Half-Sovereign Gold Coin. Edward VII, XF-45 Grade. Collectors Choice £ 295.00 |
| 22ct GOLD GEORGE V 1911 FULL SOVEREIGN St GEORGE & DRAGON COIN £ 600.00 |
| 22ct Gold Full Sovereign Coin 1900 with 9ct Gold Pendant Mount - Queen Victoria £ 750.00 |
| 9ct Yellow Gold on Silver Sovereign Coin Ring - ALL SIZES AVAILABLE inc LARGE £ 29.95 |
| 1966 22ct Full Gold Sovereign Coin £510 £ 510.00 |
| 1964 22ct Full Gold Sovereign Coin £510 £ 510.00 |
| London Mint Office 2015 Gold 1/4 Quarter Sovereign Coin (1.99g 22ct) Proof £ 209.00 |
| CHUNKY, 22ct FULL Sovereign Gold Coin 9ct Gold mount, 2001, Size Z, Bullion £ 1,249.99 |