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:
 | 2002 Queen Elizabeth II Full Sovereign 22ct Gold £ 770.00 |
 | Bullion Gold Half Sovereign Best Value £ 408.11 |
 | 1912 Half Sovereign Gold Coin, George V, 22 CT gold £ 389.20 |
 | 1963 Full Gold Bullion Sovereign. £ 802.30 |
 | Gold Half Sovereign Coin 22ct Edward VII 1906 VGC £ 414.70 |
 | 1824 George IV Full Gold Sovereign Coin £ 1,179.70 |
 | Great Britain George V 1912 Gold Sovereign Coin 0.917 Fine Uncertified Ungraded £ 786.51 |
 | 1959 Full Sovereign British Coin Queen Elizabeth II 22ct Gold £ 836.60 |
 | 1917-C King George V Gold Sovereign (Ottawa / Canada) £ 1,325.00 |
 | 1900 Full Sovereign Queen Victoria Veiled Head 22ct Gold Coin Old Head £ 822.70 |
 | 1982 Half Gold Sovereign 22ct Elizabeth II Coin – Excellent Condition £ 445.30 |
 | 1902 Half Sovereign - Edward VII - 22ct Gold 3.994 g * £ 414.70 |
 | Gold Sovereign Best Value Gold Coin £ 803.97 |
 | 2001 Gold Half Sovereign MS65 Britain Uncirculated - 22ct Gold 4 gm £ 567.70 |
 | 375 9ct REAL Yellow Gold Saint George Sovereign Ring 18mm Coin - Size Q £ 358.80 |
 | Gold Sovereign Tester Tool Kit - Full, Half & Qtr Coins - Same Day Despatch! £ 19.95 |
 | Year 1888 Full Gold Sovereign Coin 22ct £ 822.70 |
 | 22ct Gold Full Sovereign 1892 Queen Victoria £ 843.10 |
 | Gold Sovereign - aUNC - 1925 London King George V British Gold Coin 22ct 8g £ 1,158.00 |
 | 1875 Queen Victoria Young Head Gold Sovereign (Sydney) £ 919.60 |
On eBay USA:
| 2002 Queen Elizabeth II Full Sovereign 22ct Gold £ 770.00 |
| Bullion Gold Half Sovereign Best Value £ 408.11 |
| 1912 Half Sovereign Gold Coin, George V, 22 CT gold £ 389.20 |
| 1963 Full Gold Bullion Sovereign. £ 802.30 |
| Gold Half Sovereign Coin 22ct Edward VII 1906 VGC £ 414.70 |
| 1824 George IV Full Gold Sovereign Coin £ 1,179.70 |
| 2001 Gold Half Sovereign MS65 Britain Uncirculated - 22ct Gold 4 gm £ 567.70 |
| 375 9ct REAL Yellow Gold Saint George Sovereign Ring 18mm Coin - Size Q £ 358.80 |