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:
 | 2017 Gold Proof Full sovereign With Box and COA £ 919.60 |
 | Bullion Gold Half Sovereign Best Value £ 432.50 |
 | 1866 QV young head, Shield Back 22k gold sovereign coin 4g £ 490.18 |
 | 22k gold Proof 4g sovereign x ONE from 2001 to 2014 £ 449.38 |
 | MINT 22ct Gold PROOF Half Sovereign - 1999, Boxed and COA. £ 516.70 |
 | 2002 - Queen Elizabeth II - Half Gold sovereign £ 420.00 |
 | Rare 2018 Privy Mark 22k Proof gold sovereign 4g £ 593.20 |
 | Rare KGIV 1827 22k gold sovereign coin 4g £ 491.20 |
 | 2022 QEII Memorial 22k Proof gold sovereign coin KCIII on reverse £ 490.18 |
 | 1968 Gold sovereign, Elizabeth II £ 950.00 |
 | 1908 KEVII 22k gold sovereign coin 4g £ 444.99 |
 | 2026 Royal Mint Gold Proof Sovereign Only 3000 Minted! First Yellow Gold New £ 1,565.00 |
 | 1959 Full Sovereign British Coin Queen Elizabeth II 22ct Gold £ 840.00 |
 | 1902 Gold Half Sovereign Coin In 9ct hallmarked Pendant on a 20inch 9ct Chain.. £ 894.10 |
 | 2005 Gold Half Sovereign Coin with St George and the Dragon Design CARDED £ 465.70 |
 | 1902 HALF SOVEREIGN PENDANT WITH 9K SURROUND USED £ 618.70 |
 | 1892 QV Jubilee Head, Shield Back 4g 22k gold sovereign coin, clean coin £ 491.20 |
 | Gold Half Sovereign 1914 King George £ 450.00 |
 | Slim Gold Sovereign Deluxe Black Storage Case FULL HALF Sovereign £ 12.00 |
 | 1963 BRITISH FULL SOVEREIGN 22CT GOLD PLATED COIN QUEEN ELIZABETH II £ 11.86 |
On eBay USA:
| 2017 Gold Proof Full sovereign With Box and COA £ 919.60 |
| Bullion Gold Half Sovereign Best Value £ 432.50 |
| 1866 QV young head, Shield Back 22k gold sovereign coin 4g £ 490.18 |
| 22k gold Proof 4g sovereign x ONE from 2001 to 2014 £ 449.38 |
| MINT 22ct Gold PROOF Half Sovereign - 1999, Boxed and COA. £ 516.70 |
| 2002 - Queen Elizabeth II - Half Gold sovereign £ 420.00 |
| 1902 Gold Half Sovereign Coin In 9ct hallmarked Pendant on a 20inch 9ct Chain.. £ 894.10 |
| 2005 Gold Half Sovereign Coin with St George and the Dragon Design CARDED £ 465.70 |