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 £ 512.06 |
 | Gold Sovereign Best Value Gold Coin £ 1,011.65 |
 | Royal Mint UK GOLD PROOF SOVEREIGN 1979 to 2026 - Choose your year £ 1,100.00 |
 | 1911 George V Gold Half Sovereign Coin, 22ct £ 506.50 |
 | 1906 King Edward VII Gold Half Sovereign Coin In Capsule £ 481.00 |
 | 2022 Jubilee Gold Full Sovereign Coin Queen Elizabeth II £ 960.40 |
 | 1912 George V Gold Half Sovereign 22ct £ 506.50 |
 | 2025 Gold Half Sovereign - Last of the Rose Gold £ 521.32 |
 | *RARE* PCGS XF45 Victoria 1897-S Australia Gold Half-Sovereign Sydney Gift Boxed £ 595.02 |
 | 1907 Solid 22ct Carat Gold Half Sovereign Coin £ 499.99 |
 | 1995 Gold Proof Half sovereign- James Butler £ 557.50 |
 | 1981 gold proof sovereign £ 1,001.20 |
 | Half Sovereign Gold Coins, 22ct £ 481.00 |
 | Queen Victoria Gold Sovereign Reproduction Coin £ 17.99 |
 | 2023 King Charles III Coronation Gold Proof Half Sovereign Royal Mint Boxed £ 695.20 |
 | Coinsafe coin tube for gold full sovereign coin, old round £1 coin £ 3.66 |
 | 1980 Gold Proof Sovereign, 3rd Portrait, Elizabeth II, NGC PF67 ULTRA CAMEO £ 1,383.70 |
 | 1959 Full Sovereign British Coin Queen Elizabeth II 22ct Gold £ 1,098.00 |
 | 2 Rand Gold Coin. 1981. Immaculate. Proof? Same size/weight as. Full Sovereign. £ 980.00 |
 | 2026 Quarter 1/4 Solid Gold Sovereign Coin 22ct in Royal Mint Sealed Pack £ 375.00 |
On eBay USA:
| Bullion Gold Half Sovereign Best Value £ 512.06 |
| Gold Sovereign Best Value Gold Coin £ 1,011.65 |
| Royal Mint UK GOLD PROOF SOVEREIGN 1979 to 2026 - Choose your year £ 1,100.00 |
| 1911 George V Gold Half Sovereign Coin, 22ct £ 506.50 |
| 1906 King Edward VII Gold Half Sovereign Coin In Capsule £ 481.00 |
| 2022 Jubilee Gold Full Sovereign Coin Queen Elizabeth II £ 960.40 |
| Queen Victoria Gold Sovereign Reproduction Coin £ 17.99 |
| 2023 King Charles III Coronation Gold Proof Half Sovereign Royal Mint Boxed £ 695.20 |