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:
 | Bullion Gold Half Sovereign Best Value £ 433.89 |
 | 1852 Victoria Sovereign Gold Coin Shield Reverse £ 895.00 |
 | Gold Sovereign Best Value Gold Coin £ 864.15 |
 | 22ct Full Gold Sovereign Coin 1887 Victoria Jubilee Head £ 895.00 |
 | Gold 2018 Half Sovereign Coin 22ct Defending Our Skies *RARE* £ 569.74 |
 | Double Gold Sovereign 2025 £ 1,909.99 |
 | Royal Mint Half-Sovereign first Gold half Sovereign £ 669.70 |
 | 1901 S Australia Sydney Full Sovereign 0.9170 Fineness Gold 7.9881g NGC MS 61 £ 950.00 |
 | Edward VII 1910 Gold half Sovereign Coin St George & Dragon Reverse £ 435.10 |
 | 2026 Gold Quarter Sovereign 22ct £ 239.99 |
 | 2022 Gold 1/8 Sovereign, QEII Tribute, (Hattons), with COA £ 110.00 |
 | Dated 1927 21ct Gold Full Sovereign J21 "RESTRIKE" scrap or collect £ 771.70 |
 | 1913 Gold Sovereign King George V British Coin £ 10.99 |
 | 1893 Queen Victoria Full Gold Sovereign – First Year Veiled Head – 22ct Gold £ 961.42 |
 | Full Half 1/10 St George Sovereign-Size 9ct Yellow Gold Coin Ring Size I-Z NEW £ 439.00 |
 | Sovereign Bullion Coins of the World 1/500 Oz 999 Gold Coin 3000 Fr. Chad 2020 £ 56.81 |
 | 1893 M Victoria Jubilee Head Gold Sovereign Melbourne Mint 22ct Scarce Date £ 1,099.00 |
 | Genuine & Original 22ct Gold 1913 George V Full Sovereign, Sydney Mint. £ 899.20 |
 | Vintage 9ct Yellow Gold Sovereign Coin Ring Hallmarked Size I 1/2 £ 177.50 |
 | Solid 22ct Gold 1909 King Edward VII Half Sovereign Pendant 9ct Scalloped Mount. £ 700.30 |
On eBay USA:
| Bullion Gold Half Sovereign Best Value £ 433.89 |
| 1852 Victoria Sovereign Gold Coin Shield Reverse £ 895.00 |
| Gold Sovereign Best Value Gold Coin £ 864.15 |
| 22ct Full Gold Sovereign Coin 1887 Victoria Jubilee Head £ 895.00 |
| Gold 2018 Half Sovereign Coin 22ct Defending Our Skies *RARE* £ 569.74 |
| Double Gold Sovereign 2025 £ 1,909.99 |
| 2026 Gold Quarter Sovereign 22ct £ 239.99 |
| 1893 Queen Victoria Full Gold Sovereign – First Year Veiled Head – 22ct Gold £ 961.42 |