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:
 | QUEEN ELIZIBETH II 2015 PROOF 22ct GOLD FULL SOVEREIGN - ORIGINAL ROYAL MINT BOX £ 798.20 |
 | 1962 Full Gold Sovereign £ 781.87 |
 | Edward VII - 1906 Gold Sovereign AU-58 £ 746.18 |
 | 22ct GOLD HALF SOVEREIGN QUEEN VICTORIA VEILED HEAD 1893 LONDON MINT £ 424.88 |
 | 1982 Half Gold Sovereign Coin £ 381.02 |
 | Sovereign 1826 George IV - Shield Back Full Gold Sovereign Coin - 8g Royal Mint £ 1,281.68 |
 | 2021 Gold Bullion Full Sovereign Queen Elizabeth II 22ct Gold Coin £ 781.88 |
 | 22Ct Gold Half Sovereign Edward VII 1903 London mint (hf) £ 424.88 |
 | 22 Ct Gold Half Sovereign Coin George V 1913 London Mint £ 424.88 |
 | 5 FULL SOVEREIGN King George V Gold Bullion Coins 1911, 1912, 1913, 1914, 1915 £ 3,831.68 |
 | 1959 Full Sovereign British Coin Queen Elizabeth II 22ct Gold £ 780.00 |
 | 2025 Anniversary Of The United Kingdom 1g Gold Sovereign Coin £ 120.23 |
 | Royal Mint UK GOLD PROOF SOVEREIGN 1979 to 2025 - Choose your year £ 845.00 |
 | gold sovereign £ 873.68 |
 | Solid Gold Coin 22ct One Eighth Sovereign - Anniversary Of The United Kingdom £ 135.00 |
 | Gold Sovereign Series £ 34.24 |
 | 1967 Queen Elizabeth II Full Gold Sovereign 22k Nice Example #2 £ 799.00 |
 | 1908 full Gold Sovereign Coin, King Edward VII Sydney Mint sovereign £ 771.68 |
 | 1982 Yellow Gold Half Sovereign Coin Pendant - 6.6g £ 571.20 |
 | 375 9ct REAL Yellow Gold Saint George Sovereign Ring 18mm Coin - Size T £ 279.00 |
On eBay USA:
| QUEEN ELIZIBETH II 2015 PROOF 22ct GOLD FULL SOVEREIGN - ORIGINAL ROYAL MINT BOX £ 798.20 |
| 1962 Full Gold Sovereign £ 781.87 |
| Edward VII - 1906 Gold Sovereign AU-58 £ 746.18 |
| 22ct GOLD HALF SOVEREIGN QUEEN VICTORIA VEILED HEAD 1893 LONDON MINT £ 424.88 |
| 1982 Half Gold Sovereign Coin £ 381.02 |
| 22Ct Gold Half Sovereign Edward VII 1903 London mint (hf) £ 424.88 |
| gold sovereign £ 873.68 |
| Solid Gold Coin 22ct One Eighth Sovereign - Anniversary Of The United Kingdom £ 135.00 |