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 £ 399.38 |
 | Gold Sovereign Best Value Gold Coin £ 794.49 |
 | 2026 Proof Half Sovereign Gold Coin in OMP £ 414.70 |
 | 1910 King George V Full Sovereign Gold Coin, 22ct, 7.98g In Capsule £ 799.99 |
 | Queen Elizabeth II Pre-decimal Gold Sovereign Coin - Full Sovereign £ 789.99 |
 | Royal Mint 2027 UK full Sovereign Gold Coin, King Charles III £ 806.99 |
 | 2017 Gold Sovereign Coin Elizabeth II Fifth Head Proof £ 873.70 |
 | Best Value £2 British Gold Coin (Double Sovereign) £ 1,584.72 |
 | 1819 King George III 9k 375 ct Gold Restrike of Rarest Sovereign Mint Condition! £ 220.00 |
 | 2018 Gold Full Sovereign Coin, Queen Elizabeth II, 22ct, free special delivery. £ 849.99 |
 | 1979 gold proof sovereign - Stunning example £ 899.20 |
 | Australia 1906 FULL GOLD SOVEREIGN NGC MS 61 Certified# Gold Coin Fineness 0.917 £ 853.30 |
 | 2000 £5 quintuple Gold Sovereign Coin Uncertified in Capsule & Presentation Box £ 4,999.00 |
 | 1910 Half Sovereign Gold Coin Edward VII £ 401.86 |
 | Royal Mint 2021 UK Sovereign 1 oz Gold Coin Elizabeth II/St George Dragon £ 1,006.30 |
 | Antique U.S.A. Elgin Rolled Gold Sovereign Coin Case Holder Fob, American US £ 159.50 |
 | 1893 Queen Victoria Half Sovereign Gold Coin, 22ct £ 427.90 |
 | 1902 Edward VII British Gold Half Sovereign Coin, Great Britain Era 1902-1910 £ 404.50 |
 | full sovereign gold coin/"M" mark £ 1,052.19 |
 | 2022 Royal Mint Platinum Jubilee Gold Half Sovereign in its royal mint packaging £ 505.48 |
On eBay USA:
| Bullion Gold Half Sovereign Best Value £ 399.38 |
| Gold Sovereign Best Value Gold Coin £ 794.49 |
| 2026 Proof Half Sovereign Gold Coin in OMP £ 414.70 |
| 1910 King George V Full Sovereign Gold Coin, 22ct, 7.98g In Capsule £ 799.99 |
| Queen Elizabeth II Pre-decimal Gold Sovereign Coin - Full Sovereign £ 789.99 |
| Royal Mint 2027 UK full Sovereign Gold Coin, King Charles III £ 806.99 |
| 1910 Half Sovereign Gold Coin Edward VII £ 401.86 |
| 1819 King George III 9k 375 ct Gold Restrike of Rarest Sovereign Mint Condition! £ 220.00 |