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:
 | Gold Full Sovereign £ 873.70 |
 | 1862 Queen Victoria Full Gold Sovereign - Young Head / Shield Back - 22ct Gold £ 910.00 |
 | Full Gold Sovereign coin 22ct 1896 Ldn Mint £ 822.70 |
 | Half gold sovereign coin 1896 22ct Victoria Veiled Head £ 445.30 |
 | UK Jubilee Mint 2015 Solid 22ct Full Gold Sovereign Coin 7.98gms Queen Elizabeth £ 853.30 |
 | 1908 & 1910 Edward VII Gold 1/2 Sovereign Coin x2 £ 840.00 |
 | Scarce 1980 Proof Full Gold Sovereign With Original Box & Certificate (7.99g) £ 873.70 |
 | 1869 Queen Victoria Full Gold Sovereign - Young Head / Shield Back £ 925.00 |
 | 1913 King George v Gold Half Sovereign Coin, 3.99g, 22ct £ 435.10 |
 | 1968 QE2 Full Gold Sovereign £ 801.28 |
 | 1871-S Sydney Mint Gold Sovereign – PCGS AU58 £ 1,077.70 |
 | 1968 Full Gold Sovereign Queen Elizabeth II Coin 22 Ct Yellow Gold £ 848.20 |
 | Queen Victoria 22ct Gold Sovereign Coin 1886 D.G. Britanniar Melbourne Preloved £ 1,000.00 |
 | 1822 George IV Gold Sovereign 22ct Gold Early Sovereign Rare Date Historic Coin £ 1,281.69 |
 | 1982 Half Sovereign Gold Coin Ring, 22ct £ 496.30 |
 | 1887 Victoria Gold Sovereign Jubilee Head London Mint EF 7.98g Coin £ 919.60 |
 | 1895 M Queen Victoria Full Gold Sovereign £ 801.28 |
 | 2009 Gold Sovereign £ 873.70 |
 | Rare Royal Mint 2009 Gold bullion Proof Half Sovereign Coin sigma verified £ 501.13 |
 | 2009 Gold Quarter Sovereign Coin Watch – Limited Edition (1 of 450) Certificate £ 516.70 |
On eBay USA:
| Gold Full Sovereign £ 873.70 |
| 1862 Queen Victoria Full Gold Sovereign - Young Head / Shield Back - 22ct Gold £ 910.00 |
| Full Gold Sovereign coin 22ct 1896 Ldn Mint £ 822.70 |
| Half gold sovereign coin 1896 22ct Victoria Veiled Head £ 445.30 |
| UK Jubilee Mint 2015 Solid 22ct Full Gold Sovereign Coin 7.98gms Queen Elizabeth £ 853.30 |
| 1908 & 1910 Edward VII Gold 1/2 Sovereign Coin x2 £ 840.00 |
| Queen Victoria 22ct Gold Sovereign Coin 1886 D.G. Britanniar Melbourne Preloved £ 1,000.00 |
| 1822 George IV Gold Sovereign 22ct Gold Early Sovereign Rare Date Historic Coin £ 1,281.69 |