Watch List notes:

(g) Edward VII (1901-1910), Matte Proof Five-Pounds, 1902, by de Saulles and Pistrucci, bare head right, rev. St George and Dragon, edge milled, 39.97g, 12h (W&R 404; MCE -; Spink 3966), an exceptional coin with the traditionally unpopular sandblasted-die finish, choice mint state.
NGC PF62 MATTE (Certification #5880391-001)
, https://www.ngccoin.com/certlookup/5880391-001/62/
Estimate: £2,000 - £3,000