Heritage World Coin Auctions
NYINC Signature Sale 3071 6-7 Jan 2019
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Great Britain
Edward VII gold Matte Proof 5 Pounds 1902 PR63+ PCGS, KM807, S-3966. Edward VII's coronation Proof Set was notable in that each coin received a matte finish through sandblasting the dies, a feature never applied in British coin sets before nor afterwards (besides rare occasions for photography purposes). As innovative as this process was, by the time George V took over the throne just nine years later, the Mint had returned to the production of brilliant-finish Proofs. Accordingly, Edward's Proofs today have a distinctive and distinguished appearance, their entire color and surface transformed by the sandblasting process; another side effect is that they are difficult to obtain in higher grades, as their production often leaves a slight softening of detail and hairlines in the fields. As a result, the present choice specimen is very unusual in its comparatively high grade, an even subdued gleam playing across its 'opaque' surface. The dulling process allows for a greater appreciation of the coin's design, every hair on the King's head boldly represented, the planchet color a deep butterscotch. Rarely offered in this technical quality, an enticing specimen of Edward VII's 5 Pounds.
HID02901242017
Estimate: 7000-9000 USD
Edward VII gold Matte Proof 5 Pounds 1902 PR63+ PCGS, KM807, S-3966. Edward VII's coronation Proof Set was notable in that each coin received a matte finish through sandblasting the dies, a feature never applied in British coin sets before nor afterwards (besides rare occasions for photography purposes). As innovative as this process was, by the time George V took over the throne just nine years later, the Mint had returned to the production of brilliant-finish Proofs. Accordingly, Edward's Proofs today have a distinctive and distinguished appearance, their entire color and surface transformed by the sandblasting process; another side effect is that they are difficult to obtain in higher grades, as their production often leaves a slight softening of detail and hairlines in the fields. As a result, the present choice specimen is very unusual in its comparatively high grade, an even subdued gleam playing across its 'opaque' surface. The dulling process allows for a greater appreciation of the coin's design, every hair on the King's head boldly represented, the planchet color a deep butterscotch. Rarely offered in this technical quality, an enticing specimen of Edward VII's 5 Pounds.
HID02901242017
Estimate: 7000-9000 USD