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<div class='featuredimage'><img src='https://coinsnotebook.com/wp-content/uploads/1902-King-Edward-VII-Gold-Matt-Proof-Five-Pounds-Obverse.jpg' alt='1902-king-edward-vii-gold-matt-proof-five-pounds-obverse' /></div> <div class='imgwithcaption'><img class="size-full wp-image-694" src="https://coinsnotebook.com/wp-content/uploads/1902-King-Edward-VII-Gold-Matt-Proof-Five-Pounds-Obverse.jpg" alt="1902 King Edward VII Gold Matt Proof Five Pounds Obverse. Image: M J Hughes Coins" width="180" height="177" /> 1902 King Edward VII Gold Matt Proof Five Pounds Obverse. Image: <a href="https://mjhughescoins.co.uk/eshop" target="_blank" rel="noopener noreferrer">M J Hughes Coins</a></div> 
 
The 1902 King Edward VII Gold Matt Proof Five Pound Coin is in some ways unique because of it&apos;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. 
 
<div class='imgwithcaption'><img class="size-full wp-image-693" src="https://coinsnotebook.com/wp-content/uploads/1902-King-Edward-VII-Gold-Matt-Proof-Five-Pounds-Reverse.jpg" alt="1902 King Edward VII Gold Matt Proof Five Pounds Reverse. Image: M J Hughes Coins" width="180" height="179" /> 1902 King Edward VII Gold Matt Proof Five Pounds Reverse. Image: <a href="https://mjhughescoins.co.uk/eshop" target="_blank" rel="noopener noreferrer">M J Hughes Coins</a></div> 
 
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 &apos;De S&apos;, G. W. De Saulles. The reverse is Benedetto Pistrucci&apos;s George and the Dragon. 
 
1902 was the only year when King Edward VII issued £5, £2 and Crowns. 
<div style="margin-bottom: 35px;">My thanks to Max Hughes (<a href="https://mjhughescoins.co.uk" target="_blank" rel="noopener noreferrer">MJ Hughes Coins</a>) for allowing me to photograph the coin.</div> 
 
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<img class="alignleft wp-image-410 size-full" src="https://coinsnotebook.com/wp-content/uploads/UK.png" alt="UK" width="32" height="32" /> On eBay UK: 
 
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<img class="alignleft size-full wp-image-409" src="https://coinsnotebook.com/wp-content/uploads/USA.png" alt="USA" width="32" height="32" /> On eBay USA: 
 
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