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. This piece has achieved a premium certification thus: it shows the usual hairlines across both surfaces but has retained sharpness of detail, appealing butterscotch color and, on first glance, sleek matte surfaces. A dark spot is noted in the obverse field for completeness. Unusual in this choice grade, an attractive large-size Proof.
https://coins.ha.com/itm/great-britain/great-britain-edward-vii-gold-matte-proof-5-pounds-1902-pr63-pcgs-/a/3075-32249.s?type=CoinArchives3075
HID02906262019
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Estimate: 6000-7000 USD