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:
 | 1902, 1905 Gold Half Sovereign Coin, King Edward VII Era, George Dragon Design £ 470.80 |
 | 1885 Young Queen Victoria Gold Full Sovereign (Sydney) Free next day delivery £ 934.90 |
 | 1901 Queen Victoria Full Gold Sovereign Coin Ex Mount For Scrap £ 843.10 |
 | 1855 Britain Full Sovereign 0.9170 Fineness Gold 7.9881g W. W. INCUSED NGC MS 60 £ 1,650.00 |
 | 1862 young Victoria badge 22 carats Full Gold Sovereign coin £ 883.90 |
 | Choice of Half Sovereign - Victoria / Edward / George Gold Coins 22ct each 4g £ 465.70 |
 | 2020 22ct Proof Gold HALF SOVEREIGN. Limited Edition. Box & Certificate £ 505.00 |
 | The Royal Mint 2010 UK Quarter Sovereign Gold Bullion Coin With COA And Box £ 260.70 |
 | 1/8 th 22ct Gold Sovereign BU 200 Years Of The Shield London Mint Office £ 125.50 |
 | 2021 Full Gold 22ct Sovereign - Ideal for special occasion Gift !! £ 924.70 |
 | 1914 George V. Gold Full Sovereign Coin 22 Carat Yellow Gold £ 960.00 |
 | Half Sovereign Coin 1910 Solid Gold 22 Carat 4g Edward Vll Bullion £ 465.70 |
 | 1880 gold sovereign perfect condition £ 1,077.70 |
 | Queen Elizabeth II 5 Coin 24ct Gold Sovereign Set £ 950.20 |
 | 1988 Isle Of Man Angel Gold Sovereign Ring £ 618.70 |
 | The2022 Platinum Jubilee Tower In Bloom Gold Sovereign Struck On 5/6/22. 211/499 £ 2,046.70 |
 | GEORGE V Half Sovereign Coin 22 Carat Gold 1913 3.99g XF - EHB £ 600.00 |
 | 1886 S Australia Sydney Full Sovereign 0.9170 Fineness Gold 7.9881g NGC MS 60 £ 1,200.00 |
 | 22ct 1/10th Gold Full Sovereign Coin Prince William And Princess Catherine £ 156.70 |
 | 1911 Sovereign Ring 22ct 22k Gold 9ct Mount 8.3 Grams £ 685.00 |
On eBay USA:
| 1902, 1905 Gold Half Sovereign Coin, King Edward VII Era, George Dragon Design £ 470.80 |
| 1885 Young Queen Victoria Gold Full Sovereign (Sydney) Free next day delivery £ 934.90 |
| 1901 Queen Victoria Full Gold Sovereign Coin Ex Mount For Scrap £ 843.10 |
| 1855 Britain Full Sovereign 0.9170 Fineness Gold 7.9881g W. W. INCUSED NGC MS 60 £ 1,650.00 |
| 1862 young Victoria badge 22 carats Full Gold Sovereign coin £ 883.90 |
| Choice of Half Sovereign - Victoria / Edward / George Gold Coins 22ct each 4g £ 465.70 |
| Queen Elizabeth II 5 Coin 24ct Gold Sovereign Set £ 950.20 |
| 1988 Isle Of Man Angel Gold Sovereign Ring £ 618.70 |